“[They] amount to a significant amount distributed to shareholders, enhancing total shareholder return,” says the company in its reply to queries from the Singapore Exchange (SGX:S68
) Securities Trading Limited (SGX-ST).
Best World International, on Oct 5, said that it had given $140 million back to its shareholders via two market equal access offers during its trading suspension period. The offers were completed in March 2022 and June 2022 and were extended to all shareholders.
Singapore Exchange Regulation (SGX RegCo) suspended the trading of Best World’s shares in May 2019. Best World then requested for the lifting of suspension and resumption of trading of its shares from Nov 14, 2022.
