Trading of Global Tech shares halted pending announcement
Published Mon, Dec 14, 2015 · 02:14 AM
GLOBAL Tech (Holdings) has halted the trading of its shares pending a change-of-control announcement, the mobile phone equipment distributor announced on Monday.
Global Tech, which has a primary listing in Hong Kong and a secondary listing in Singapore, announced in November that 56.96 per cent shareholder Optimum Pace International had been approached by a third party about a purchase of Optimum Pace's shares.
Shares of Global Tech were traded at 2.2 Singapore cents before trading was halted.
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