Spate of delistings from SGX due to low liquidity and poor valuations, stakeholders say

Some companies also cited poor market conditions as well as the high costs of staying listed as reasons to delist. PHOTO: BT FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Amid recession fears and liquidity drying up as interest rates rise, the local bourse has seen a spate of offers to privatise and delist several publicly traded companies, with three taking place just this week.

The delistings come at a time when trading volumes on the Singapore Exchange (SGX) have fallen, and experts said more are likely to follow.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.