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Boustead Singapore closes exit offer for Boustead Projects shares

Bryan Wu
Bryan Wu • 1 min read
Boustead Singapore closes exit offer for Boustead Projects shares
Following completion of the exit offer, Boustead Projects will be mandatorily delisted from the official list of the SGX-ST. Photo: The Edge Singapore
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Boustead Singapore (SGX:F9D) has closed its exit offer for shares in Boustead Projects (SGX:AVM) on Jan 26.

As at 5.30pm, Boustead Singapore (SGX:F9D) had received valid acceptances amounting to 74,998,330 shares in Boustead Projects, representing approximately 23.94% of its total number of shares. 

This includes acceptances of 62,631,608 shares received from parties acting in concert with Boustead Singapore or 19.99% of its total number of shares. 

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