Thomson Medical Restores Required Public Float

Thomson Medical Group Ltd. (SG:A50) has released an update.

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.

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