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Trading of Global Tech shares halted pending announcement

Monday, December 14, 2015 - 10:14

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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