Genting HK to delist from SGX, retain primary Hong Kong listing
It says single primary listing in HK will raise visibility among North Asian investors and liquidity of its stock
Singapore
GENTING Hong Kong is ending its long history with the Singapore Exchange (SGX), pulling out of its secondary Mainboard listing and returning to a single primary listing in Hong Kong, the cruise operator announced on Tuesday after the market closed.
The exact timetable for the delisting has not been set, but a condition for obtaining SGX's approval is that Genting HK must give shareholders at least three months' notice.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone: sources
Far East Orchard acquires 49% stake in UK-based purpose-built student accommodation operator for £17.6 million
Nestle sales growth sputters on US slump, vitamin snags
BNP Paribas beats estimates as lower costs offset trading slump
TikTok ultimatum puts US firms in firing line for China response
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race