Shengrong Holding Ltd. has announced plans to voluntarily delist its shares from the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) while maintaining its primary listing on the Stock Exchange of Hong Kong (SEHK). The SGX-ST has confirmed it has no objection to the proposed delisting, and the company is not required to seek shareholder approval or offer an exit alternative.
Following the delisting, Shengrong Holding’s shares will be removed from the SGX-ST Official List on 21 January 2027, after trading is suspended at 9:00 a.m. (Singapore time) on 14 January 2027. Thereafter, the shares will trade solely on the SEHK, leaving shareholders’ voting rights and dividend entitlements unchanged.
Key arrangements for shareholders whose shares are currently held through The Central Depository (CDP) are as follows:
1. Option 1 – No Action: CDP Depositors who take no action by the delisting date will have their shares automatically transferred to the Hong Kong Share Register at the company’s expense. Subsequent deposits into CCASS and any related broker fees will be borne by the shareholders.
2. Option 2 – Transfer During Share Transfer Period (19 October 2026 – 7 December 2026): • Option 2(A) – Designated Broker Transfer: Depositors may transfer shares via UOB Kay Hian Pte Ltd, with Shengrong covering transfer and CCASS deposit costs; custodian fees remain the shareholder’s responsibility. • Option 2(B) – Individual/Own Broker Transfer: Depositors may instruct their own brokers to transfer shares to the HK Register; Shengrong will cover transfer costs, while shareholders pay their brokers’ CCASS-related fees.
3. Option 3 – Sell on SGX-ST: Shares can be sold on the SGX-ST until the final trading day on 11 January 2027.
Supplementary Retirement Scheme (SRS) investors will receive identical information through their SRS Approved Banks, with Shengrong assuming the same cost responsibilities as for CDP Depositors.
Indicative timetable: • 19 Oct 2026 – Share Transfer Period opens • 30 Nov 2026 – Deadline to open an account/submit documents to Designated Broker • 7 Dec 2026 – Share Transfer Period closes (5:00 p.m. Singapore time) • 11 Jan 2027 – Last trading day on SGX-ST • 14 Jan 2027 – Trading suspension on SGX-ST begins (9:00 a.m. Singapore time) • 21 Jan 2027 – Official delisting from SGX-ST
The company will issue further announcements on any material developments related to the delisting process.