Companies & Markets

Create a free account with Business Times for seamless access across SPH Media products.

Companies & Markets

Banking & Finance
Reits & Property
Energy & Commodities
Telcos, Media & Tech
Transport & Logistics
Consumer & Healthcare
Capital Markets & Currencies

Li Heng Chemical Fibre to delist from SGX

Published Wed, Jan 20, 2016 · 10:11 AM

LI Heng Chemical Fibre Technologies said on Wednesday it will be delisted from Singapore Exchange (SGX).

Following a cash offer from its major shareholder, its public float has fallen below the mandatory 10 per cent. "The offeror has now stated in the relevant announcement that it intends to take steps to delist the company from the SGX-ST following the close of the offer."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes