free float

SGX-ST has granted Thomson Medical until April 10 to explore options to restore its public float.

The company announced that it had received a letter of rejection from SGX-ST on Jan 10 after its application on Jan 2.

Thomson Medical will now have until Jan 10, 2024 to restore its public float.

SGX grants Thomson medical 3 months to restore free float.

Shares in Challenger last traded at 60 cents.

Boustead Projects adds that Boustead Singapore is “exploring various options” to comply with the listing rules.

SINGAPORE (Dec 27): Yanlord Investment (Singapore), a wholly-owned subsidiary of China-based property developer Yanlord Land Group, announced Friday that it now owns, controls or has agreed to acquire 90.27% of United Engineers (UEL) as at 5pm on Dec 26.

SINGAPORE (July 2): Trading of shares in Memtech International will be suspended after its free float fell below 10% at the initial closing date of the offer.

SINGAPORE (Jan 8): BRC Asia, the steel reinforcement solutions provider, says that it has entered into a placement agreement with 15 investors to subscribe for 37 million new ordinary shares at a placement price of $1.27 each.

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market.