Singapore Institute of Advanced Medicine Proposes to Convert Loan; Shares Down Over 11%

MT Newswires

Oct 01, 2025

Singapore Institute of Advanced Medicine (SGX:9G2) proposed to convert an outstanding loan of SG$5.2 million into around 149.7million shares at SG$0.0035 per debt conversion share, according to a Tuesday filing with the Singapore Exchange.

Shares of the company slid over 11% in Wednesday trading.

Meanwhile, the company also agreed with three entities to issue around 19.7 million shares at SG$0.035 per share to raise net proceeds after expenses of around SG$644,400.

Proceeds will be used to fund general working capital needs, along with ongoing renovation and maintenance of medical equipment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2572585917"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2572585917\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2572585917?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-01 14:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2572585917","market":"sg","top_or_hot":-1,"title":"Singapore Institute of Advanced Medicine Proposes to Convert Loan; Shares Down Over 11%","media":"MT Newswires","content":"<html><body><p> Singapore Institute of Advanced Medicine (SGX:9G2) proposed to convert an outstanding loan of SG$5.2 million into around 149.7million shares at SG$0.0035 per debt conversion share, according to a Tuesday filing with the Singapore Exchange.</p><p>Shares of the company slid over 11% in Wednesday trading.</p><p>Meanwhile, the company also agreed with three entities to issue around 19.7 million shares at SG$0.035 per share to raise net proceeds after expenses of around SG$644,400.</p><p>Proceeds will be used to fund general working capital needs, along with ongoing renovation and maintenance of medical equipment.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Institute of Advanced Medicine Proposes to Convert Loan; Shares Down Over 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Institute of Advanced Medicine Proposes to Convert Loan; Shares Down Over 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-10-01 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Singapore Institute of Advanced Medicine (SGX:9G2) proposed to convert an outstanding loan of SG$5.2 million into around 149.7million shares at SG$0.0035 per debt conversion share, according to a Tuesday filing with the Singapore Exchange.</p><p>Shares of the company slid over 11% in Wednesday trading.</p><p>Meanwhile, the company also agreed with three entities to issue around 19.7 million shares at SG$0.035 per share to raise net proceeds after expenses of around SG$644,400.</p><p>Proceeds will be used to fund general working capital needs, along with ongoing renovation and maintenance of medical equipment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"9G2.SI","symbol_name":"SAM Holdings","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2572585917","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572585917","pubTimestamp":1759299936,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore Institute of Advanced Medicine  proposed to convert an outstanding loan of SG$5.2 million into around 149.7million shares at SG$0.0035 per debt conversion share, according to a Tuesday filing with the Singapore Exchange.Shares of the company slid over 11% in Wednesday trading.Meanwhile, the company also agreed with three entities to issue around 19.7 million shares at SG$0.035 per share to raise net proceeds after expenses of around SG$644,400.Proceeds will be used to fund general working capital needs, along with ongoing renovation and maintenance of medical equipment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"9G2.SI":"SAM Holdings","BK6100":"保健护理服务"},"translate_title":"新加坡高等医学研究院提议转换贷款；股价下跌超过11%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"9G2.SI":0.9},"content_text":"Singapore Institute of Advanced Medicine (SGX:9G2) proposed to convert an outstanding loan of SG$5.2 million into around 149.7million shares at SG$0.0035 per debt conversion share, according to a Tuesday filing with the Singapore Exchange.Shares of the company slid over 11% in Wednesday trading.Meanwhile, the company also agreed with three entities to issue around 19.7 million shares at SG$0.035 per share to raise net proceeds after expenses of around SG$644,400.Proceeds will be used to fund general working capital needs, along with ongoing renovation and maintenance of medical equipment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}