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Memtech's proposed delisting gets SGX nod
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Fiona Lam
Published Tue, Jul 16, 2019 · 09:50 PM
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Singapore
THE Singapore Exchange (SGX) has approved the proposed delisting of Memtech International, subject to the completion of the compulsory acquisition by its controlling shareholders, the Chuang family.
The mainboard-listed electronics components manufacturer also does not need to hold an extraordinary general meeting (EGM) to obtain shareholder approval for the delisting, after SGX granted it a waiver from complying with listing rule 1307 which requires such a meeting.
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