The offeror Best Grace, which is owned by Delong chief executive and chairman Ding Liguo, was also censured by the regulator over the failed buyout attempt.
SINGAPORE (July 30): Shares in Delong Holdings are up 94 cents, or 15.6%, at $6.95 with 2.2 million units traded, after its suspension from trading was lifted following an announcement.
The Securities Industry Council (SIC) publicly censured law firm Shook Lin & Bok and financial advisor PrimePartners Corporate Finance for their roles in the aborted privatisation attempt last September.
