156 views
Boustead Singapore

Boustead Projects to delist from SGX Mainboard on 9 February

The company will delist with no compulsory acquisition.

Boustead Projects will delist from the SGX Mainboard at 9:00 am on 9 February.

The delisting follows the closing of the company’s exit offer, which received total valid acceptances of 74,998,330 shares, representing 23.94% of Boustead Projects' total shares.

Since the exit offer failed to reach the 90% threshold for non-controllable shares, Boustead Singapore will delist with no compulsory acquisition.

Following the delisting, shareholders holding shares deposited with CDP will be sent physical share certificates.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!