Grand Venture Technology disclosed on Sunday (September 28) that the company anticipates its delisting to occur on or around November 4, 2025, as part of its planned acquisition by Aalberts Advanced Mechatronics.

The precision engineering solutions provider is set to undergo privatization by the Netherlands-based entity at S$0.94 per share, as previously announced on July 10.

The Dutch acquirer will purchase all ordinary shares of the company's issued and paid-up share capital, totaling approximately 339.3 million shares with a combined value of S$318.9 million.

The anticipated date for scheme consideration payment is scheduled for October 31.

The company stated that the court hearing for approval application is scheduled for October 3, 2025, at 10 am. Any responding affidavits must be filed and served by 10 am on September 30, while written submissions are due by 10 am on October 2.

The final trading session on the Singapore Exchange is anticipated to take place on or around October 8.

The record date is projected to fall on or around October 24, 2025.

Shares remained unchanged on Friday, closing at S$0.94 before the announcement was made.