Ezra seeks 8-to-1 share consolidation to fulfil MTP requirements
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EMBATTLED oil and gas player Ezra Holdings is proposing an eight to one consolidation of its shares. Shareholders will vote on the proposal at an extraordinary general meeting to be convened.
The share consolidation comes as the company's six-month volume weighted average price, at S$0.117, is below the minimum trading price (MTP) requirement of S$0.20 for mainboard-listed stocks.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
