Willas-Array Electronics (Holdings) Limited (SG:BDR) has released an update.
Willas-Array Electronics (Holdings) Limited has halted trading of its shares following a decline in its public float percentage below the required 15%, as reported in their latest announcement. The company is actively seeking a temporary waiver to restore compliance with the public float requirement and will issue further updates regarding the resumption of trading. This move comes after the acceptance of a recent offer which resulted in a decrease of public shares to approximately 12.24%.
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