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Substantial shareholder of two Boustead companies looking to make an exit

Nisha Ramchandani
Published Mon, Mar 12, 2018 · 09:50 PM

Singapore

A SUBSTANTIAL shareholder has expressed his intention to make an exit, said Boustead Singapore and Boustead Projects on Monday in response to queries by the Singapore Exchange regarding a spike in their trading activity.

Shares of the infrastructure engineering company rose over 6 per cent in heavy trading on Monday, before closing at 80.5 Singapore cents, up …

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