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Words related to delist

remove (a security) from listing at a stock exchange

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The company said in a stock exchange filing that the delisting will be subjected to obtaining necessary shareholder approval and other related regulatory approvals.
The announcement came after the Aug 27 deadline given by Bursa Malaysia Securities Bhd for the publisher of the country's oldest Malay daily to appeal, paving the way for its delisting tomorrow.
The minimum required ownership of the bidder after the tender offer under PSE rules is 95 percent for voluntary delisting.
The company has been given six months to bring its stock price above $1 or face delisting. The department store chain can also try to convince shareholders to approve a reverse stock split, which would cut the number of shares on the market and raise the stock's price.
The tender offer was supposed to be part of MRP's plan for voluntary delisting. However, MRP eventually withdrew its petition.
China Zenix Auto International Limited (NYSE: ZX) ('the Company'), the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, has received a delisting notice from the NYSE.
NAN reports that under a voluntary delisting window (which seldom happens), a quoted company can decide to delist from the exchange due to reasons such as merger/acquisition.
Nordax Group AB (STO:NDX), a niche bank in Northern Europe, reported on Friday that Nasdaq Stockholm has now approved its application for delisting of its shares and has decided that the last day of trading will be 24 April 2018.
Under the constitution, these parties could approach the Supreme Court of Pakistan against the delisting. It is pertinent to mention here that all the mainstream parties including the Pakistan Tehreek-e-Insaf, the Pakistan People's Party-Parliamentarian, the Pakistan Muslim League-Nawaz and others had already met the requirements of the ECP in this connection.
He added it was Calata who turned down the PSE's offer for a voluntary delisting, an exit plan for the company to leave the PSE, but it can re-list after five years.
M2 PHARMA-August 28, 2017-Amedica receives delisting notification from Nasdaq
The main aim of the delisting is to reduce complexity in financial reporting and administrative costs.
Delisting is expected to come into effect by the end of August 2016 and is subject to approvals.