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Listed firms not in a rush to privatise despite battered share prices

Players staying on the sidelines to see how pandemic pans out before making decisions

Tay Peck Gek

Tay Peck Gek

Published Sun, Jun 14, 2020 · 09:50 PM

Singapore

THE offer to privatise Perennial Real Estate Holdings, which comes on the heels of the delisting of BreadTalk Group and a renewed offer for Elec & Eltek International Co, may give rise to questions about which other locally listed stocks may leave the exchange this year.

Business owners may see a strong case to delist as the share prices of their companies get battered in the present climate, while private equity funds or larger competitors may see an opportunity to acquire a bu…

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Best World International seeks to delist by selective capital reduction; shareholders requisition EGM on cash reserves, dividends, directors’ pay

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