Vard Holdings expected to delist by 10 August

The exit offer from its parent firm will be closed by 8 August.

Shipbuilding firm Vard Holdings will end trading in the Singapore Exchange (SGX) by 10 August as the exit offer from its parent firm Fincantieri Oil & Gas will be closed by 8 August, an announcement revealed.

“Shareholders should note that if they purchase scripless shares close to or on the closing date such shares may not be credited in their securities account with the CDP (Central Depository) in time for them to accept the exit offer,” Vard explained.

Also read: Fincantieri extends Vard Holdings' exit offer to 8 August

Said delisting was expected to take about two to three weeks after the exit deal with its parent firm closes.

Vard said that they had consulted with the SGX Securities Trading (SGX-ST) regarding the delisting.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia