Stocks to watch: Boustead Singapore, H2G Green
Add BT as a preferred source
Michelle Zhu
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE following companies saw new developments that may affect trading of their securities on Wednesday (Sep 27):
Boustead Singapore : Its real estate unit Boustead Projects was directed by the Singapore Exchange Regulation to delist with an exit offer that is “fair and reasonable”, and that a proposal should be provided one month from the announcement date on Tuesday. Boustead Singapore rose 1.2 per cent, or S$0.01 to S$0.865, before the news. Boustead Projects last traded at S$0.955 in March.
H2G Green : The Catalist-listed company’s chief executive, Lim Shao-Lin, was arrested for an offence under the Employment of Foreign Manpower Act and has surrendered his passport to the Ministry of Manpower. He has been requested to attend court on Oct 5. Shares of H2G Green last traded at S$0.018 on Monday. The company called for a trading halt on Tuesday morning and has requested for it to be lifted on Wednesday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
