Published:
Boardroom's delisting date extended to 26 July
Salacca has received valid acceptances for 8.73% or 18,295,047 offer shares as of 11 July.
Payroll services firm Boardroom has revealed its final extension of closing date to 26 July, following its prior announcement to extend the date to 12 July, an SGX filing said.
As of 11 July, Boardroom shares that are agreed upon to be acquired by Salacca and other parties involved amount to 89.86% or 188,397,522 of its total shares. Salacca has received valid acceptances for 8.73% or 18,295,047 offer shares so far.
Boardroom submitted its application to be delisted from SGX Mainboard after its free float requirement went below 10%, as GK Goh unit Salacca looks to will own and control 88.13% of its shares.
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