Request for Trading Halt::Request for Trading Halt

Issuer & Securities

Issuer/ Manager
BOUSTEAD SINGAPORE LIMITED
Securities
BOUSTEAD SINGAPORE LIMITED - SG1X13940751 - F9D
Note: In line with current market practice, trading on SGX-ST of all securities related to the counter(s) have also been similarly halted.
Stapled Security
No

Announcement Details

Announcement Title
Request for Trading Halt
Date &Time of Broadcast
10-Nov-2023 07:57:16
Status
New
Announcement Sub Title
Request for Trading Halt
Announcement Reference
SG231110OTHR2UY0
Submitted By (Co./ Ind. Name)
Alvin Kok
Designation
Company Secretary
Effective Date and Time of the event
With Immediate Effect
Reasons for Trading Halt
The Board of Directors of Boustead Singapore Limited (the "Company") has observed a noticeable increase in the Company's share price on higher than usual trading volume on 9 November 2023.

The Company is therefore requesting for a trading halt pending the release of further announcements to provide an update on (a) the Exit Offer Proposal; and (b) the Company's intention in respect of the issued shares in Boustead Projects Limited, further to the announcement made by the Company on 17 October 2023.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.