Wednesday, November 18, 2015

QT Vascular

QT Vascular: According to SGX filings, non-independent non-excutive chairman Toe Teow Heng sold 16.2m shares at $0.13 apiece on 13 Nov in an off-market transaction, bringing his stake to 0.

Otherwise, the next notable piece of news was the group's 3Q15 results released on 9 Nov.
The catheter specialist posted a 3Q15 net loss, which widened nearly 10x to a whopping US$33.3m, hurt by US$20.4m in legal expenses and a 185% spike in R&D expenses. This brought 9M15 loss to US$ 45.3m (+71.8%).

No comments:

Post a Comment