The HKEX will also have to approve the proposed delisting and the company has to give its shareholders at least three months’ notice of the proposed delisting from the date of the shareholders’ approval, if so.
LHN Limited announced, on July 4, that it is proposing to voluntarily delist from the Stock Exchange of Hong Kong (HKEX) due to cost and utility reasons.
The company’s board of directors unanimously approved the proposal on June 30. LHN’s shareholders will have to approve the delisting via an ordinary resolution at an extraordinary general meeting (EGM).
