1. Boardroom free float falls below 10% threshold, Companies & Markets - The Business Times

    Boardroom free float falls below 10% threshold, Companies & Markets - The Business Times

    The free float of corporate secretarial services firm Boardroom fell below the 10 per cent mark as at Thursday 5pm, the company announced in a bourse filing on Friday. Salacca, the GK Goh Holdings unit that launched a takeover offer for Boardroom, does not intend to restore the free float requirement for the mainboard-listed company and will seek to delist it.

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    1. Notwithstanding the above, shareholders should note that the company is not able to determine at this juncture whether the free float requirement may or may not be restored in future.
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