Trading of SMI Vantage’s shares to be suspended from Sept 2

Khairani Afifi Noordin

2024-08-29

SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.

The trading of SMI Vantage’s shares will be suspended from Sept 2 following after the SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.

In a filing, the company says SGX-ST has carefully considered its representation and submission. However there are no extenuating reasons to grant a further extension of 12 months until July 31, 2025.

The suspension will remain in effect until completion of the exit offer, following which the company will be delisted.

The company is currently considering its next steps.

Shares in SMI Vantage closed at an unchanged 0.5 cents on Aug 29.

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However there are no extenuating reasons to grant a further extension of 12 months until July 31, 2025.</p>\n<p dir=\"ltr\">The suspension will remain in effect until completion of the exit offer, following which the  company will be delisted.</p>\n<p dir=\"ltr\">The company is currently considering its next steps.</p>\n<p dir=\"ltr\">Shares in SMI Vantage closed at an unchanged 0.5 cents on Aug 29.</p>\n<div> </div>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/company-news/trading-smi-vantages-shares-be-suspended-sept-2?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Khairani Afifi Noordin</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"Y45.SI","symbol_name":"新利有限公司","start_time":0,"source_url":"https://www.theedgesingapore.com/news/company-news/trading-smi-vantages-shares-be-suspended-sept-2?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2463782117","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463782117","pubTimestamp":1724942144,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"Y45.SI":"新利有限公司","SMI":"VanEck HIP Sustainable Muni ETF"},"translate_title":"SMI Vantage股票将于9月2日起停牌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMI":1,"Y45.SI":1},"content_text":"SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.The trading of SMI Vantage’s shares will be suspended from Sept 2 following after the SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.\nIn a filing, the company says SGX-ST has carefully considered its representation and submission. However there are no extenuating reasons to grant a further extension of 12 months until July 31, 2025.\nThe suspension will remain in effect until completion of the exit offer, following which the  company will be delisted.\nThe company is currently considering its next steps.\nShares in SMI Vantage closed at an unchanged 0.5 cents on Aug 29.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}