, Philippines

EMS Energy to delist from SGX

The company cannot make an exit offer due to financial constraints.

Off-field services equipment firm EMS Energy said that it has received a delisting notice from the Singapore Exchange Securities Trading Limited (SGX-ST) effective 4 October, according to an official statement.

The company had earlier announced that it is not in a financial position to make an exit offer. Controlling shareholder Ting Teck Jin also said that he cannot make an offer due to financial constraints.

EMS Energy said that it will continue to exist as an unlisted public limited company with all its existing shareholders after delisting, and is currently making arrangements with its share registrar and the Central Depository for the distribution of physical share certificates to shareholders.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!