Trading of Global Tech shares halted pending announcement
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq