Published:
Synear Food exits SGX
95.22% of shareholders in favour of delisting.
According to OSK, Synear Food delists from Singapore Exchange. The decision from the shareholders comes clear as 95.22% voted in favour to delist from the Singapore Exchange, against a 4.78% poll.
Here's more:
The frozen-food maker now requires a final approval from SGX to confirm its exit.
On the decision, Synear said that “it had no need to access the capital markets in Singapore, and that the exit offer gave shareholders a chance to realise their investment at a premium to market."
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