5E Resources (SGX:NLC) will delist from the Singapore Exchange effective Wednesday after confirming that ll entitled shareholders have received their scheme consideration, according to a Monday filing with the bourse.
The delisting follows a series of regulatory and shareholder approvals. In a previous announcement, 5E Resources said it had obtained court approval to convene a shareholder meeting regarding the proposed acquisition.
This acquisition, proposed by GreenEdge, excluded treasury shares and shares held by GreenEdge's concert party group.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.