trading suspension

REITs

EC World REIT units to remain under suspension

The continued suspension of the REIT’s units will provide it more time to work on resolving its “uncertainties”.

Regulatory Action

SGX RegCo reprimands former directors of Nutryfarm for breaching listing rules

Shares in Nutryfarm last traded at 8.5 cents before trading was suspended.

Company in the news

Eagle Hospitality Trust to sacrifice distributions for the 'preservation and protection' of portfolio

“Given the present developments, it would no longer be feasible or practicable for the managers and the REIT trustee to effect the payment of the distribution in part or at all at this juncture,” says EHT’s manager.

Company in the news

Sen Yue suspends trading as boardroom fight spills into the open

xecutive chairman Koh Mia Seng has on April 21 called for an EGM, citing dissatisfaction at the company’s recent performance. With the move, he is aiming to get rid of other directors, including CEO and executive director Neo Gim Kiong.

Company in the news

Hiap Seng Engineering suspends trading as losses continue; engages consultant to undertake financial review, assessment

SINGAPORE (Nov 28): Hiap Seng Engineering before market open on Thursday called for a trading suspension, citing concerns over the group’s ability to operate as a going concern.

Management & Corporate Governance

YuuZoo's second request to lift trading suspension rejected

SINGAPORE (July 19): The Singapore Exchange (SGX) has for the second time rejected YuuZoo Networks Group’s request to lift its share trading suspension.

Update

YuuZoo CEO 'forced to quit' as company closes subsidiaries in Singapore, terminates employments

SINGAPORE (Mar 18): The chief operating officer (CEO) and executive director of YuuZoo Networks Group, formerly known as YuuZoo Corporation, resigned effective today.

Shareholder activism

YuuZoo shareholders call for immediate SGM in light of shares being suspended for 10 months

SINGAPORE (Jan 21): YuuZoo Shareholders Association (YSHA) on Jan 20 claimed that shareholders representing more than 10% of the voting rights of YNG Corporation, formerly known as YuuZoo Corporation, have called for a special general meeting (SGM).

Jawala asks for trading suspension after subsidiary's bank accounts frozen

SINGAPORE (Nov 12): Sabah-based timber company Jawala Inc said the CIMB Bank and Public Bank accounts of its subsidiary, Jawala Plantation Industries, have been suspended on Nov 7.

Buyout

Parent company garners 90.1% stake in Wheelock Properties at close of offer; starts delisting process

SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10 privatisation offer for the latter.
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