IN A bourse filing during Wednesday’s midday break, mainboard-listed property group Top Global confirmed that it has been granted options to purchase strata units within Thong Teck Building..
BT understands that Top Global is buying the properties from entities that Mr Low is believed to have taken control of early last month from RSP Architects Planners and Engineers founder Albert Hong.Top Global had requested a trading halt, “pending release of an announcement”, on Wednesday morning after the market opened. It then requested at 12.38pm for the trading halt to be lifted, after having filed the clarification on the options.Top Global shares last changed hands at S$0.184 on Monday.
Mr Low is one of three directors of Allied Technologies recently asked to recuse themselves from all decisions and recommendations of Allied's board.
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