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People & Business :: Companies

SP Chemicals to De-List from Singapore Stock Exchange

9:40 AM MDT | September 29, 2008 | Deepti Ramesh

SP Chemicals Holdings (George Town, Cayman Islands) says it has made a proposal to the company’s SP Chemicals (Singapore) subsidiary to de-list SP Chemicals from the Singapore Exchange Securities Trading stock exchange. SP Chemicals Holdings will make a cash offer or exit offer to acquire all ordinary shares in SP Chemicals that SP Chemicals Holdings does not own. SP Chemicals Holdings owns 74.78% of SP Chemicals, and the remaining 25.22% is listed on the stock exchange, media reports say. SP Chemicals manufactures caustic soda, chlorine, and downstream...

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