Great Eastern Holdings Limited (SG:G07) has released an update.
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Great Eastern Holdings Limited has been granted an extension to restore its public float after failing to meet the Singapore Exchange’s minimum requirement of having at least 10% of its shares held by the public, resulting in a suspension of trading. The suspension followed a voluntary unconditional general offer by Oversea-Chinese Banking Corporation Limited for the company’s shares, with non-assenting shareholders given until October 23, 2024, to exercise their rights to sell on the same terms.
For further insights into SG:G07 stock, check out TipRanks’ Stock Analysis page.