Logo from Thomson Medical
Thomson Medical granted an additional month to restore its public float
The company initially had three months to restore its public float.
The Singapore Exchange Securities Trading Limited (SGX-ST) has granted Thomson Medical a one-month extension until 10 January 2024 to restore its public float.
During the extension, Thomson Medical will still be able to continue trading its shares.
SGX-ST initially gave Thomson Medical three months to restore its public float.
In September, the percentage of Thomson Medical’s shares held by public shareholders fell to 9.98%.
As of 11 September, 2.6 million of its issued share capital is held by more than 8,000 public shareholders.