Solidere said it has asked to delist its Global Depositary Receipts (GDRs) from the London Stock Exchange (LSE) effective June 29, 2017, due to low trading volumes.
Given the GDRs limited liquidity, the costs and administrative burdens are disproportionate to the benefits that could be derived from keeping them listed, the real estate company said in a statement.
The GDRs, which represent Solidere's 'A' shares, were listed on the LSE in 1996.
The 'A' shares will remain lis...
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