Thomson Medical Group Ltd. (SG:A50) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Thomson Medical Group Limited has successfully restored its public float to the required level by selling 50 million shares, ensuring compliance with the Singapore Exchange’s public float requirement. This follows a series of extensions granted by the SGX-ST, allowing the company’s shares to continue trading while seeking to meet the 10.15% threshold. Over 8,000 public shareholders now hold 2.685 billion shares, marking a return to regulatory standards.
For further insights into SG:A50 stock, check out TipRanks’ Stock Analysis page.