Thomson Medical granted an additional month to restore its public float
The company initially had three months to restore its public float.
The Singapore Exchange Securities Trading Limited (SGX-ST) has granted Thomson Medical a one-month extension until 10 January 2024 to restore its public float.
During the extension, Thomson Medical will still be able to continue trading its shares.
SGX-ST initially gave Thomson Medical three months to restore its public float.
In September, the percentage of Thomson Medical’s shares held by public shareholders fell to 9.98%.
As of 11 September, 2.6 million of its issued share capital is held by more than 8,000 public shareholders.