
BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui
The shareholders also approved the acquisition of the shares from Wong’s children.
Shareholders of Boustead Singapore Limited (BSL) have approved three resolutions to acquire the shares of Wong Fong Fui and his children, Wong Yu Wei and Huang Huiming Patricia, in Boustead Projects.
Fong Fui and his children abstained from voting on the resolutions.
Fong Fui serves as chairman and group CEO at BSL. He holds 205,798,032 shares in BSL.
Yu Wei and Patricia hold 125,765 and 400,000 shares in BSL, respectively.