The SGX announced yesterday that it has ended the designation of Blumont, Asiasons Capital and Lion Gold.  It added that it would continue to monitor the trading of the three stocks and advised investors to trade with caution.

For Blumont, which announced a conditional issue of US$200mn convertible bonds on 17 October when the designation is lifted, the proposed bond issue can now continue if the other conditions are met.

I suspect, as in my Blog posting yesterday, that Blumont shares should trade to at least the minimum price of S$0.20 but for investors to make an informed decision, they should at least know the market value of its listed investments in its current assets.