Amara Holdings Loses Free Float

MT Newswires

2025/05/19

Amara Holdings (SGX:A34) lost its free float after DRC Investments received valid acceptances for of 522,529,331 shares in the company, according to a filing with the Singapore Exchange on Friday.

The percentage of shares held by the public is less than 10%, resulting in a free float.

In an earlier filing, DRC Investments made a voluntary conditional general offer for the entire issued shares of the company at SG$0.895 per share in cash.

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