On 9 November 2018, the Singapore Exchange Regulation issued a Consultation Paper on Proposed Amendments to Voluntary Delisting Regime.
The proposed changes are in relation to (1) two aspects of voluntary delisting, namely the voluntary delisting resolution and the exit alternative ("Exit Offer"); and (2) clarification of the applicability of certain Listing Rules to delisting pursuant to a voluntary liquidation, scheme of arrangement and general offer.
This Update provides a brief summary of the key/ salient points of the proposals in the Consultation Paper. The Consultation Paper may be obtained from SGX's website here.
If you would like information on this or any other area of law, you may wish to contact the partner at WongPartnership that you normally work with or the following partners:
Andrew ANG
Head – Corporate/Mergers & Acquisitions Practice
d +65 6416 8007
e andrew.ang@wongpartnership.com
Click here to see Andrew’s CV.
CHAN Sing Yee
Partner – Corporate/Mergers & Acquisitions Practice
d +65 6416 8018
e singyee.chan@wongpartnership.com
Click here to see Sing Yee’s CV.
Audrey CHNG
Partner – Corporate/Mergers & Acquisitions Practice
d +65 6416 2427
e audrey.chng@wongpartnership.com
Click here to see Audrey's CV.