Advertisement
Singapore markets closed
  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     
  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     
  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • Bitcoin USD

    62,695.90
    +3,213.16 (+5.40%)
     
  • CMC Crypto 200

    1,360.40
    +83.42 (+6.53%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • Dow

    38,675.68
    +450.02 (+1.18%)
     
  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     
  • Gold

    2,310.10
    +0.50 (+0.02%)
     
  • Crude Oil

    77.99
    -0.96 (-1.22%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     
  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     
  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Thomson Medical restores public float with sale of 50 mil shares

The married deals on SGX-ST represent 0.19% of the company’s share capital, restoring its public float to 10.15%.

Thomson Medical Group A50 has restored its public float following the sale of 50 million shares, or 0.19% of the company’s share capital, via married deals on the Singapore Exchange S68 Securities Trading (SGX-ST).

An internal verification by the company found that the public float had been restored to 10.15% of its issued share capital, excluding treasury shares, as at April 4. This represents 2,685,007,380 shares held by more than 8,000 public shareholders.

Accordingly, Thomson Medical is now in compliance with Rule 723 of SGX-ST’s listing manual.

ADVERTISEMENT

The company’s public float first fell below 10% in September last year, and received three months to restore its public float.

Subsequently, the company received an additional one month to restore the public float before a final three month extension was granted in January after initially being rejected by SGX-ST.

Shares in Thomson Medical closed unchanged at 5.4 cents on April 4.

See Also: