SUBSCRIBERS
Substantial shareholder of two Boustead companies looking to make an exit
Add BT as a preferred source
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 4.5 cents. Some 31.6 million shares worth S$24.1 million changed hands.
Copyright SPH Media. All rights reserved.
