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SGX Announces Delisting Of Five GDRs

Date 22/08/2014

Singapore Exchange (SGX) announced today that five Global Depositary Receipts (GDRs) will be delisted on 28 August. The companies have not paid the annual listing fees for these GDRs for an extended period of time despite reminders and are thus in breach of our listing rules. 

These companies are:

  1. Accentia Technologies Limited
  2. Bombay Rayon Fashions Limited
  3. Confidence Petroleum India Limited
  4. Karuturi Global Limite
  5. Visesh Infotechnics Limited

SGX has informed the respective Depositary Banks for the above GDRs on the delisting as the GDRs are not deposited with SGX and we have no access to the GDR holders. GDR holders should get in touch with the respective Depository Banks or the companies involved if they have any queries regarding the above.