Great Eastern secures extension to complete delisting
It was granted an extension until 30 September 2025.
Great Eastern Holdings has secured approval from the Singapore Exchange (SGX) for more time to complete its delisting and bonus share issue plans.
In an exchange filing on 9 June, the insurer said SGX has granted an extension until 30 September 2025 to finalise the proposed transactions, which include its delisting, the adoption of a new constitution, and a bonus issue of shares.
The company will convene an extraordinary general meeting (EGM) to seek shareholder approval. A circular with the indicative timeline will be sent to shareholders on 9 June 2025.
The extension comes after multiple rounds of approvals from SGX since July 2024, following OCBC’s successful takeover offer for all remaining shares in Great Eastern.
Trading in Great Eastern shares has been suspended since 15 July 2024.