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SFA Semicon plans to delist on Dec 12
The Philippine Star
|November 26, 2024
Semiconductor company SFA Semicon Philippines Corp. (SSP) will bid farewell to the Philippine Stock Exchange (PSE) by next month, ending its 10-year run as a listed company.
SSP, which has been listed with the PSE since December 2014, targets to delist from the PSE on Dec. 12, 2024.
"We look forward to your favorable action on our petition to voluntarily delist the company by Dec. 12, 2024," SSP said in a letter to the PSE.
SSP's voluntary delisting comes following the successful completion of a tender offer by its parent company SFA Semicon Co. Ltd. (SFA Korea).
The tendered shares were purchased by SFA Korea at a price of P2.22 for a total consideration of P427.96 million.
Dit verhaal komt uit de November 26, 2024-editie van The Philippine Star.
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