SINGAPORE (June 26): Boardroom, the provider of corporate advisory and secretarial services, has applied to be delisted from the Singapore Exchange after its free float fell is set to fall below the required 10%.

This comes after substantial shareholder Symphony House Sdn Bhd (SHSB), which owns 7.63% of Boardroom, on Tuesday gave an irrevocable undertaking to vote in favour of the delisting.

At the close on Tuesday 5pm, the offeror and its concert parties had owned, controlled or agreed to acquire 183.8 million Boardroom shares, representing 87.68% of the total number of issued shares.

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