252 views
/Boustead Singapore website

Boustead Singapore secures more than 80% of real estate subsidiary

It is equivalent to an aggregate of 271,113,999 shares.

Boustead Singapore has acquired 86.55% of the total number of shares of its real estate subsidiary, Boustead Projects, which is over 271,113,999 shares.

Under the bourse filing, the announcement has “all references to the percentage shareholding interest are based on the Company’s issued and paid-up capital of 313,260,631 Shares (excluding treasury shares)”

The responsibility of the Boustead Singapore directors “has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, accurately reflected or reproduced in the announcement.”

Boustead Singapore previously said it is “offering to buy all of Boustead Projects Limited’s shares for $0.95 each share.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!