Alibaba Pictures to delist from Singapore stock exchange

Voting rights and entitlement to dividends of the CDP Depositors will not be affected.

Alibaba Pictures Group Limited, the motion pictures wing of Alibaba, has sought and received confirmation of a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST), the exchange has revealed. With this delisting, Alibaba Pictures will only trade shares on the Hong Kong stock exchange.

While providing a rationale for this step, the board said, “The company is of the view that The Stock Exchange of Hong Kong Limited is more geographically aligned with the business operations of the company. Maintaining a single primary listing on the stock exchange would allow the company to focus its efforts and resources on its business operations in China.” It has also pointed out issues with compliance obligations and low trading volumes in Singapore.

SGX-ST posed no objection to the proposed delisting provided that the company followed certain conditions. The company reassured their investors with further announcements to suggest practical steps and a timetable for 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