PC Partner Group Limited Announces Voluntary Withdrawal of HKEX Listing: Key Details for Investors
PC Partner Group Limited Announces Voluntary Withdrawal of HKEX Main Board Listing
Key Highlights from the Official Announcement
- Voluntary Delisting Approved: PC Partner Group Limited (“the Company”) has completed all required conditions for its voluntary withdrawal from the Main Board of the Stock Exchange of Hong Kong Limited (HKEX).
- Final Trading Date: The last day for trading the Company’s shares on HKEX will be Thursday, 8 January 2026, with the delisting becoming effective at 4:00 p.m. on Wednesday, 14 January 2026.
- Share Register Transfer: After the delisting, the Hong Kong Branch Share Register will be closed at 4:00 p.m. on 23 March 2026, and all shareholder names will be automatically transferred to the Singapore Branch Share Register.
- Support for Share Transfer Costs: From 15 November 2024 to 9 March 2026, the Company will bear certain costs for shareholders wishing to transfer their shares to the Singapore Branch Share Register, provided all documentation is completed as specified.
- Ongoing Listing: The Company’s shares will continue trading on the Singapore Exchange Securities Trading Limited (SGX-ST) under code PCT.
What Shareholders Need to Know
Potential Price Sensitive Information:
- Liquidity Shift: With the HKEX delisting, liquidity and trading volume may decrease for shareholders who typically trade in Hong Kong. All future trades will occur on SGX-ST, which could impact share price dynamics and investor access.
- Transfer Arrangements: Shareholders are advised to complete the required transfer documents promptly. The Company will cover “Company-borne Removal Costs” for transfers initiated within the designated period. After 9 March 2026, all transfer costs will be the responsibility of the shareholder.
- Automatic Register Update: The transfer from the Hong Kong Branch Share Register to the Singapore Branch Share Register will be automatic after the closure date, ensuring continued ownership and trading capability on SGX-ST.
- No Impact on Corporate Structure: The delisting does not affect the Company’s legal status or business operations, but investors should monitor any changes in share price or liquidity resulting from the move.
Detailed Timeline and Actions
- 6 January 2026: All conditions for HKEX delisting satisfied.
- 8 January 2026: Last day of dealings on HKEX.
- 14 January 2026: Official withdrawal of HKEX listing at 4:00 p.m.
- 15 November 2024 – 9 March 2026: Period during which the Company will bear removal costs for transfers to SGX-ST, subject to complete documentation.
- 23 March 2026: Closure of the Hong Kong Branch Share Register and automatic transfer of shareholder names to the Singapore Branch Share Register.
Board and Management Update
The announcement is made by order of the Board, chaired by Mr. Wong Shik Ho Tony. The Board consists of a mix of executive and independent non-executive directors, ensuring continued robust governance.
Investor Considerations
- Stockholders should review their portfolio strategies in light of the trading venue shift and potential changes in liquidity.
- It is crucial to act within the Company’s specified support period to minimize personal costs for share transfer.
- Monitor company announcements for further details and instructions regarding share register arrangements and future trading guidance.
Disclaimer
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy, sell, or hold any securities. Investors are advised to consult with their financial advisers and review the Company’s official documentation and announcements before making any investment decisions. The information herein is based on official disclosures as of the date stated and may be subject to change.
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