Cheung Woh Technologies to delist on Aug 3

CHEUNG Woh Technologies will delist from the Singapore Exchange at 9am on Aug 3, the high-precision engineering product manufacturer said in a bourse filing on Friday.

The delistment will take place upon the completion of the offeror's exercise of its right of compulsory acquisition.

The offeror Woh Seng Holdings, a company owned by Cheung Woh's finance and administrative director Law Yu Chui and her family members, had in June made an offer to acquire valid acceptances and the total shares owned at a cash consideration of 28.5 Singapore cents per share.

Shares of Cheung Woh Technologies last closed flat at S$0.30 on July 6.

READ MORE: Cheung Woh Technologies privatisation offer closes with 97.1% valid acceptances

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL