The Catalist-listed company first applied for the transfer on Feb 17, on the basis that this will enhance long-term value for shareholders of the company.
Oiltek International has received approval in-principle for the transfer of its listing to the mainboard of the Singapore Exchange (SGX:S68
) (SGX), according to a bourse filing on Apr 2.
The in-principle approval is subject to shareholders approval for the proposed transfer, and compliance with the SGX-ST listing requirements.
