LTC Corp to suspend trading from Jan 11
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
TRADING in shares of LTC Corp will be suspended from 9am on Jan 11, after the close of the exit offer at 5.30pm on Jan 10.
The steel trading and property group will be delisted from the Singapore Exchange at a date to be announced in due course.
The delisting comes after LTC's controlling Cheng family successfully passed a voluntary delisting resolution last month.
As at Dec 27, acceptances for the exit offer amounted to about 89.77 per cent of the total number of shares.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
