AJJ Medtech Proposes Converting SGD 1.32 Million in Debt Into Shares

Bitget2026/11/04 16:14

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AJJ Medtech Holdings agreed on November 4, 2026, to convert S$ 1.32 million of creditor debt into equity.
The proposed conversion involves issuing 328,800,000 new ordinary shares at S$ 0.004 each, representing 14.87% of enlarged share capital.
Chairman Zhang Jian will convert S$ 588,000 of debt into 147,000,000 shares.
Completion requires shareholder approval and SGX-ST listing clearance; the conversion will settle liabilities without cash payments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AJJ Medtech Holdings Ltd published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ZA7HRKVA5TNGRRKR) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AJJ Medtech Proposes Converting SGD 1.32 Million in Debt Into Shares

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