04-03-2015, 11:33 AM
One more company to be delisted, due to loss makings...
(not vested, and didn't know it before)
Yong Xin International Holdings to delist
SINGAPORE (March 4): Yong Xin International Holdings ( Financial Dashboard) will be delisted after the company said it was unable to meet regulatory requirements to be removed from the SGX watch-list.
The stock was placed on the watch-list in March 2013 and was given two years to get out of it.
The company or its controlling shareholder must now make a "reasonable" exit offer to investors under listing rules.
Trading in its shares will continue until April 2. The stock will be suspended from April 6 until the completion of the exit offer.
Yong Xin shares were not traded yesterday. They last closed at 2.6 cents.
http://www.theedgemarkets.com/sg/article...ngs-delist
(not vested, and didn't know it before)
Yong Xin International Holdings to delist
SINGAPORE (March 4): Yong Xin International Holdings ( Financial Dashboard) will be delisted after the company said it was unable to meet regulatory requirements to be removed from the SGX watch-list.
The stock was placed on the watch-list in March 2013 and was given two years to get out of it.
The company or its controlling shareholder must now make a "reasonable" exit offer to investors under listing rules.
Trading in its shares will continue until April 2. The stock will be suspended from April 6 until the completion of the exit offer.
Yong Xin shares were not traded yesterday. They last closed at 2.6 cents.
http://www.theedgemarkets.com/sg/article...ngs-delist