As a result of this 'share delisting
event', each note holder has the right to request that all, or some only, of its notes be repurchased at a price per note equal to 101% of the nominal amount.
'Even though he [Calata] was involuntarily delisted, this time we still made it a requirement for him to do a tender offer even if it was an involuntary delisting
. But, then again this was not responded to positively,' PSE Chairman Jose Pardo said.
The process of compulsory delisting
can be initiated by a stock exchange if a company has been suspended for a period of over six months, or its shares have remained infrequently traded during the preceding three years.
LAHORE -- The majority shareholders of Central Forest Products Limited have applied for voluntary delisting
of the Company through buyback of shares from the minority shareholders.
A Great Lakes Restoration Initiative grant ($8 million) was used to complete the final work required for delisting
: a project that diverted water from the underground mine to the surface, where it was redirected to restore a trout steam known as Partridge Creek.
TELECOMWORLDWIRE-September 29, 2014-Pulse Electronics plans to reduce costs by delisting
21st Century Fox announced trading of its CHESS Depositary Interests (CDIs) on the Australian Securities Exchange (ASX) has been suspended in connection with the company's process of delisting
from the ASX.
Not much has been written about the delisting
process, which happens when a firm removes itself from trading on a public stock exchange.
Atef El-Sherif, the head of the bourse, said the recent delisting
of a number of leading stocks will not negatively affect the market.
India, April 28 -- Alfa Laval has intended to obtain full ownership of its subsidiary Alfa Laval India and seek delisting
of the shares from the Bombay Stock Exchange and the National Stock Exchange of India.
ACE expects that the transfer of the listing of its common shares from the TSX to NEX will occur on September 17, 2012, the trading day immediately following the delisting
from the TSX.