Eu Yan Sang to suspend trading from Tuesday

SINGAPORE (Sept 27): Eu Yan Sang announced it will suspend trading of its shares with effect from 9am on Tuesday.

This suspension follows an announcement by the company that the number of shares held by the public has fallen below 10% on Aug 4, no longer meeting the free float requirement of the Singapore Exchange.

The suspension coincides with the final closing date for the voluntary cash offer made by Credit Suisse on behalf of Righteous Crane Holdings for 60 cents per share on Sept 9, following an earlier offer on May 16.

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