SINGAPORE (Mar 14): Weiye Holdings, the China-based residential property developer, has received an offer from Chairman and CEO Zhang Jianwei to delist from the Singapore Exchange (SGX).

Weiye will however continue to maintain its primary listing on the Mainboard of the Stock Exchange of Hong Kong (SEHK).

Shareholders who currently trade their shares on the SGX and who do not accept the exit offer will be able to continue trading their shares on the SEHK subsequent to the completion of the delisting as their shares will be automatically transferred.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook