Trading of Global Tech shares halted pending announcement
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium