Listings drawback: Motorists travel along the central business district in Singapore. Poor valuations and low liquidity are some of the main reasons for the increase in delistings in the city-state. - AFP
OVER the past decade, much has been made of the fact that several companies have opted to surrender their public status and delist their shares from the Singapore Exchange (SGX).
These departures have mainly been through takeover-cum-privatisation offers, commonly originated by major shareholders and other concert parties.
