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Medtecs International Corporation
SGX query
Medtecs International receives SGX query after 18.9% surge in share price
The query noted Medtecs' "unusual price movements".
October 18, 2022
Broker's Calls
DBS slashes Medtecs' target price to 22.5 cents, with possible losses in FY2022
The new target price was slashed from its previous 92-cent estimate as the analysts foresee losses in FY2022.
March 23, 2022
Results
Medtecs International sees FY2021 earnings fall 87% to US$17.3 mil; declares final dividend of 0.6 US cents
Revenue during the year also declined due to lower global demand and lower global market prices for PPE and face masks.
March 02, 2022
Company in the news
Medtecs International expected to report losses in 4Q21, plans to diversify into solar power and energy storage services
Medtecs is exploring renewable energy "to meet the requests from our clients for more green manufacturing in the future".
February 11, 2022
Company in the news
Medtecs International sounds profit warning for 3QFY2021
It reached a recent peak of $1.85 last August. It closed at 33 cents on Nov 17.
November 17, 2021
Following 1Q results, Medtecs CEO raises stake while DBS CEO trims his
Following 1Q results, CEO Piyush Gupta trims his stake in DBS. Meanwhile, CEO William Yang raises stake in Medtecs International.
May 21, 2021
New appointments
Medtecs appoints CEO William Yang as deputy chairman
Yang is the son of Medtecs’ executive chairman Clement Yang.
March 10, 2021
Billion Dollar Club 2020
Malaysian glove maker UG Healthcare wins for overall sector
UG Healthcare was named the Centurion Club overall sector winner for Healthcare Services
December 11, 2020
Results
Medtecs reports net profit of $62 mil for 3Q2020
The jump marks an increase of 1,115-fold, or 111,466% y-o-y.
October 13, 2020
Medtecs independent director Lim raises stake; Riverstone co-founder Lee sells shares
Check out Insider Moves this week (Issue 950, Sept 14): Medtecs, Riverstone and Leader Environmental Technologies.
September 11, 2020