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
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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.

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