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AJJ Medtech shares surge after winning $2 million contract

The Edge Singapore
The Edge Singapore  • 1 min read
AJJ Medtech shares surge after winning $2 million contract
Securing contracts worth more than $5 million is more than a commercial milestone, says AJJ Medtech's CEO Alice Zhao / Photo: AJJ Medtech
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Medical equipment company AJJ Medtech Holdings shares gained and is the most actively traded by volume after it won a $2 million supply contract to healthcare institutions and medical academies here.

As at 9.19 am, AJJ Medtech shares jumped 50% to change hands at 0.9 cents. More than 30.6 million shares had been traded.

The contract, won by its subsidiary AJJ Healthcare Management, follows earlier wins, bringing total revenue from such contracts to more than $5 million.

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