AusNet to voluntarily delist from SGX

Singapore

AUSTRALIAN energy company AusNet Services will delist from the Singapore Exchange (SGX) after 13 years.

The company has had its primary listing on the Australian Securities Exchange (ASX) and a secondary listing on the SGX mainboard since Dec 14, 2005.

In a filing with the SGX on Wednesday, AusNet said: "Having considered both the advantages and disadvantages of its shares being listed on the SGX, the board of AusNet Services is of the view that AusNet Services should no longer maintain a secondary listing on the SGX and that the delisting is in the best i…