Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
The Singapore Exchange has granted Great Eastern Holdings an extension to restore its public float.
In a bourse filing, Great Eastern said it has until 24 January 2025 to explore options to comply with the bourse's listing requirement.
SGX initially gave the insurer until 23 October to restore its free float.
Great Eastern lost its free float on 12 July after OCBC garnered more than 90% of the insurer's shares.