free float

SINGAPORE (Dec 27): Yanlord Investment (Singapore), a wholly-owned subsidiary of China-based property developer Yanlord Land Group, announced Friday that it now owns, controls or has agreed to acquire 90.27% of United Engineers (UEL) as at 5pm on Dec 26.

SINGAPORE (July 2): Trading of shares in Memtech International will be suspended after its free float fell below 10% at the initial closing date of the offer.

SINGAPORE (Jan 8): BRC Asia, the steel reinforcement solutions provider, says that it has entered into a placement agreement with 15 investors to subscribe for 37 million new ordinary shares at a placement price of $1.27 each.

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market.

SINGAPORE (Sept 14): Daiwa says the imminent rights issue of Frasers Hospitality Trust (FHT), albeit dilutive, could help to improve its free float and valuations.

SINGAPORE (June 28): CMA CGM S.A. announced that its ownership of Neptune Orient Lines has exceeded 90%.