SUBSCRIBERS

Offerors cannot rely on loss of public float alone to delist a stock: SGX

Published Mon, Jul 29, 2019 · 09:50 PM

Singapore

THE new requirement for exit offers to be both fair and reasonable applies not only to voluntary delistings but to general offers as well, the Singapore Exchange (SGX) has clarified.

In the context of a general offer, once the offer has been launched, there are two ways to delist a company.

KEYWORDS IN THIS ARTICLE

Delistings

BT is now on Telegram!

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

Companies & Markets

Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
US: Wall St opens lower as Meta Platforms, economic data weigh
Sheng Siong Q1 net profit up 9.3% on higher revenue

Purchase this article

Companies & Markets

Companies & Markets

Offerors cannot rely on loss of public float alone to delist a stock: SGX

KEYWORDS IN THIS ARTICLE

Companies & Markets

Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336

Nasdaq’s profit falls as shaky economy keeps IPO revival elusive

iFast Q1 net profit surges on ePension unit performance

Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution

US: Wall St opens lower as Meta Platforms, economic data weigh

Sheng Siong Q1 net profit up 9.3% on higher revenue

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT