Amos Group Faces Trading Suspension as Free Float Falls Below 10%

MT Newswires

2024/11/22

Amos Group (SGX:49B) said its free float has fallen below the 10% requirement after PeakBayou and its concert parties acquired 91.06% of shares, according to a Thursday filing on the Singapore Exchange.

As a result, SGX will suspend trading at the close of the offer. PeakBayou plans to seek delisting and may exercise compulsory acquisition if the free float is not restored.

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