RE&S Holdings (SGX:1G1) has disclosed the lifting of its trading halt following shareholders' approval for its acquisition by Relish Investments, according to a Thursday filing on the Singapore Exchange.
The acquisition scheme was approved on Aug 15. Shareholders voted overwhelmingly in favor, with 99.98% of shares represented voting for the scheme.
Trading in RE&S Holdings' shares has resumed today. The company will proceed with its application for court sanction and subsequent steps towards implementing the scheme.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments