Singapore Court Sanctions PEC Scheme of Arrangement Ahead of Delisting

MT Newswires

2025/05/23

A Singapore court sanctioned the scheme of arrangement for PEC (SGX:IX2) in relation to the acquisition of its entire paid up share capital by Alliance Energy Services, according to a filing with the Singapore Exchange on Thursday.

Following the decision, trading in shares of the company will be suspended, with effect from May 28, with its delisting to follow on June 19.

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