“The company will make such announcements as may be necessary and/or appropriate to update the shareholders on the restoration of free float, including but not limited to the completion of the restoration of the free float and/or request for the lifting of suspension and resumption of trading of shares of the company,” reads the filing by Boustead Projects on April 4.
Boustead Projects (SGX:AVM
) , on April 4, sought a three-month extension from the Singapore Exchange Regulation (SGX RegCo) to comply with rule 724 of the listing manual. The extension will commence from March 27, which is the date of the close of the privatisation offerby Boustead Singapore.
Boustead Projects adds that Boustead Singapore (SGX:F9D) is “exploring various options” to comply with the listing rules.
