Great Eastern Granted Deadline Extension to Restore Its Public Float
Great Eastern Granted Deadline Extension to Restore Its Public Float
On June 24, Oversea-Chinese Banking Corporation (OCBC) and concert parties acquired 90.16% of Great Eastern's shares, totaling 426,749,174 shares. This acquisition caused Great Eastern's public float to drop below 10%.The insurer was given a deadline of 23 October.
保險公司得到了10月23日的最後期限。
Singapore Exchange Securities Trading Limited (SGX-ST) has granted Great Eastern an extension of time to restore its public float until 23 October.
新加坡交易所證券交易有限公司（SGX-ST）已經給予大東方控股延長時間恢復其上市流通比例，直到10月23日。
Great Eastern has failed to maintain at least 10% of the total number of issued shares in public hands, and as per the listing rules, the trading of its shares has been suspended since 15 July, at 9 am.
大東方控股未能維持至少10%的發行股份數量，根據上市規則，其股票交易自7月15日上午9點起已被暫停。
On June 24, Oversea-Chinese Banking Corporation (OCBC) and concert parties acquired 90.16% of Great Eastern's shares, totaling 426,749,174 shares. This acquisition caused Great Eastern's public float to drop below 10%.
在6月24日，華僑銀行（OCBC）和音樂會方共同收購了大東方控股90.16%的股份，總共426,749,174股。此次收購導致大東方控股的上市流通比例低於10%。
Great Eastern said it will explore options to comply with the requirements of the Listing Manual.
大東方控股表示將探索期權以滿足上市手冊的要求。
譯文內容由第三人軟體翻譯。
