Aussino halves after it gets SGX delisting notice
Remaining minority shareholders seen 'scrambling for the exit': trader
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES in Aussino Group plunged 50 per cent to a new low of 3.6 cents yesterday, after the Singapore Exchange (SGX) issued a delisting notification to the bedlinen retailer and rejected its application for a time extension to meet certain listing requirements.
More than 84 million shares worth $3.4 million changed hands.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance