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Revisions

DMX Technologies receives SGX approval to delist; in discussions to sell Malaysia subsidiary

Management & Corporate Governance

DMX Technologies receives SGX approval to delist; in discussions to sell Malaysia subsidiary

Michelle Zhu Published on Tue, Mar 06, 2018 / 8:33 AM GMT+8

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SINGAPORE (Mar 6): DMX Technologies has received approval from the Singapore Exchange (SGX) to delist upon start of the creditors’ voluntary liquidation (CVL) process.

A special general meeting (SGM) is to be held in due course to obtain shareholder approval for CVL.

DMX will be allowed to delist and remove itself from the official list of the SGX approximately two weeks after the SGM, subject to shareholder approval.

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