Welcome!
delisting
Buyout
Courts Asia to be delisted after losing free float
SINGAPORE (Mar 14): Courts Asia, the regional retailer of furniture and household and IT appliances, is set to be delisted after losing its free float.
March 14, 2019
SE Asia Stocks
Singapore's stock market is shrinking, but does it matter?
(Feb 12): Robson Lee had a decision to make. In his more than two-decade career as a capital-markets lawyer in Singapore, he’d helped more than 30 companies list on the country’s stock exchange, bringing to market everything from a grocery store chai
February 12, 2019
Update
SGX RegCo proposes new delisting rules to protect minority interests
SINGAPORE (Nov 9): The Singapore Exchange Regulation (SGX RegCo) is proposing several changes to its delisting rules for Singapore companies, and expects to implement the new delisting rules next year.
November 09, 2018
Buyout
Parent company garners 90.1% stake in Wheelock Properties at close of offer; starts delisting process
SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10 privatisation offer for the latter.
October 02, 2018
In print this week
Will VARD be able to convince its shareholders to say yes to it delisting?
SINGAPORE (May 11): VARD Holdings announced on May 10 that it would submit an updated draft circular for its delisting proposal to the Singapore Exchange for a review. Its major shareholder Fincantieri Oil & Gas has also extended the deadline for the 25 c
May 11, 2018
AusNet to delist from SGX but maintain ASX listing
SINGAPORE (May 2): AusNet Services is planning to voluntarily delist from the Singapore Exchange although it will continue to maintain its primary listing on Australian Securities Exchange.
May 02, 2018
In print this week
Will VARD minority shareholders turn up in force to stop the company’s delisting?
SINGAPORE (Apr 27): S Nallakaruppan owns 220,800 shares in shipbuilder VARD Holdings and plans to vote against the resolution to delist the company at its extraordinary general meeting (EGM) scheduled for April 30. But he knows there is very little chance
April 27, 2018
Management & Corporate Governance
DMX Technologies receives SGX approval to delist; in discussions to sell Malaysia subsidiary
SINGAPORE (Mar 6): DMX Technologies has received approval from the Singapore Exchange (SGX) to delist upon start of the creditors’ voluntary liquidation (CVL) process.
March 06, 2018
Results
Vard sees 4Q losses double to NOK 131 mil on lower margins after reassessment
SINGAPORE (Mar 1): Vard Holdings reported a doubling of 4Q17 losses to NOK 131 million ($22.2 million) from its net loss position of NOK 67 million a year ago.
March 01, 2018
Inch Kenneth Kajang Rubber to cease trading of shares on London Stock Exchange from Nov 6
SINGAPORE (Oct 11): Shares of Inch Kenneth Kajang Rubber will cease trading on the London Stock Exchange (LSE) with effect from Nov 6.
October 11, 2017