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Best World submits trading resumption proposal to SGX RegCo

Published Mon, Nov 9, 2020 · 09:50 PM
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Singapore

BEST World International has submitted a proposal for the resumption of trading of its shares to the regulatory arm of the Singapore Exchange (SGX RegCo), it said on Sunday night.

Trading in Best World's shares has been suspended since May 2019.

In an exchange filing, the skincare products firm said that it submitted a resumption proposal to SGX RegCo on Sunday, which addresses concerns raised on independent reviewer PricewaterhouseCoopers Advisory Services' (PwC) observations and recommendations, the legality of its sales and distribution model in China, and…

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Hot stock: Best World jumps 10.8% after exit offer at S$2.50 per share via selective capital reduction
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