LTC Corp to convene adjourned EGM, vote on proposed delisting

Singapore

STEEL trading and property company LTC Corporation announced on Monday morning that it will go ahead with voting on its proposed delisting after receiving confirmation from the Singapore Exchange's (SGX) regulation unit that it would be subject solely to existing voluntary delisting rules.

The last extraordinary general meeting (EGM) held on Nov 14 was adjourned after shareholders who were supposed to decide on the delisting resolution instead asked for postponement on the grounds of recent proposed changes by SGX Regco on delisting rules.