facebookWhat happen when a stock is delisted from SGX? - Seedly

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Anonymous

17 May 2020

βˆ™

Stocks

What happen when a stock is delisted from SGX?

How can we sell these delisted stocks?

Discussion (11)

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I have Healthway shares that I missed selling before it was delisted. Now I have received the share certificate. How do I find buyers to sell my share certificate? Any advice?

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The management will have a mechanism for you to sell back to them, but at their dictated prices unless you're able to find a willing buyer in the open market which is tough.

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Bjorn Ng

07 Dec 2019

Business Analyst at 10x Capital

When a stock is delisted, you can't trade publicly so if you would like to sell your stocks, you have to find someone yourself who is willing to buy it from you.

For delisting of stocks due to acquisition, there shouldn't be any issue as they will purchase your stocks, albeit at an offer price which might be lower/higher than your purchase price.

Eric Ong

07 Dec 2019

Project Analyst at 8Bit Global

First of all, find out why is it delisted.

If its due to buy out or privatisation, most likely your share would be bought over.

I do recall, there is cases that the company shares is dual-listed, and the shares is delisted in one market but continue to trade at the other market, they allow shareholders to switch their shares to the one traded in the market that they continue to list.

else if the company is declared bankrupt, and proceeding foreclosure, it’s theorectical worthless. Hence, no point thinking of selling. Unless there is desperate buyers that looking to buy. (It is very very unlikely, but I did encounter that before too)

But too avoid this problem, do follow up on the company periodically, like at least quarterly

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AS mentioned by ELijah, you need to find a buyer on your own, thus it becoming known as over the cou...

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