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Shalby stock rose over 2%; subsidiary to invest in Shalby Global Technologies, Singapore

Shalby stock rose over 2%; subsidiary to invest in Shalby Global Technologies, Singapore
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Mars Medical Devices Ltd invests in Singapore arm

Shalby Ltd's Wholly-owned Subsidiary Mars Medical Devices Ltd has further subscribed 3,00,000 equity shares of SGD 1 each in Shalby Global Technologies Pte. Ltd., Singapore, and remitted funds for the same on March 16, 2023.

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Shalby Global Technologies Pte. Ltd receives regulatory approval for implants, medical devices

Shalby Ltd's Step-down subsidiary Shalby Global Technologies Pte. Ltd, Singapore has received a regulatory approval to market and sell Knee Implants, Hip Systems, Knee and Hip Instruments, etc. by Ministry of Health, Indonesia.

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