Trading of shares in Boustead Projects has been suspended.
Boustead Projects (SGX:AVM
) will be delisted after its offeror, Boustead Singapore (SGX:F9D) , has received valid acceptances of around 90.69% of the total number of shares in the former on March 17.
With less than 10% of Boustead Project’s shares now held by the public, Boustead Singapore will proceed with its intention to privatise and delist the company from the SGX-ST.
