DGAP-News
Delisting of Greater China Precision Components Ltd.
DGAP-News: Greater China Precision Components Ltd. / Key word(s):
Delisting
Delisting of Greater China Precision Components Ltd.
27.11.2014 / 18:00
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Greater China Precision Components Limited: Delisting of Greater China
Precision Components Ltd. (the "Company")
SINGAPORE/HUIZHOU, 27 November 2014: GCPC
The Board refers to the termination of the trading of the shares of the
Company (the "Shares") in the Open Market, Entry Standard of the Frankfurt
Stock Exchange (ISIN SG9999005052 / WKN A0MZS3 /Ticker 49G) which was
effective 30 September 2014.
Prior to the termination of the trading of the Shares, dealing in the
Shares are conducted through the book entry system maintained by
Clearstream Banking S.A ("Clearstream") and Euroclear Bank ("Euroclear").
The physical share certificate representing the book-entry securities are
held in custody by the appointed custodian of Clearstream, which is DBS
Nominees Private Limited ("DBS Nominees"). Pursuant to the Company's
articles of association, the sole legal shareholder is DBS Nominees. It is
the intention of the Company to issue physical share certificates directly
to beneficial shareholders of the Shares and to cancel the global share
certificate currently held by DBS Nominees.
As stated in the Company's announcement of 14 August 2014, shareholders are
advised to liaise with their agents to provide to Clearstream and Euroclear
their personal particulars so that legal title to their Shares may be
registered in their names and the Register of Shareholders of the Company
updated accordingly to reflect them as registered shareholders of the
Company.
Following the delisting of the Shares, shareholders may wish to note that
the Company does not intend to maintain the depository arrangement with
Clearstream and Euroclear. This is in line with the Company's strategy of
reducing costs associated with a delisting of the Shares. Accordingly,
shareholders, namely depository agents which are interest holders of the
Shares recorded with Clearstream and Euroclear ("IHs") and beneficial
owners which hold the interests in the Shares through such depository
agents ("BOs") are once again advised to take the appropriate steps,
detailed below, to have the legal ownership of the Shares transferred to
the BOs, and for the BOs to be registered as shareholders of the Company in
the Register of Shareholders, by 15 December 2014 ("Deadline").
1. BOs are to contact their depository agents with their personal
Precision Components Ltd. (the "Company")
SINGAPORE/HUIZHOU, 27 November 2014: GCPC
The Board refers to the termination of the trading of the shares of the
Company (the "Shares") in the Open Market, Entry Standard of the Frankfurt
Stock Exchange (ISIN SG9999005052 / WKN A0MZS3 /Ticker 49G) which was
effective 30 September 2014.
Prior to the termination of the trading of the Shares, dealing in the
Shares are conducted through the book entry system maintained by
Clearstream Banking S.A ("Clearstream") and Euroclear Bank ("Euroclear").
The physical share certificate representing the book-entry securities are
held in custody by the appointed custodian of Clearstream, which is DBS
Nominees Private Limited ("DBS Nominees"). Pursuant to the Company's
articles of association, the sole legal shareholder is DBS Nominees. It is
the intention of the Company to issue physical share certificates directly
to beneficial shareholders of the Shares and to cancel the global share
certificate currently held by DBS Nominees.
As stated in the Company's announcement of 14 August 2014, shareholders are
advised to liaise with their agents to provide to Clearstream and Euroclear
their personal particulars so that legal title to their Shares may be
registered in their names and the Register of Shareholders of the Company
updated accordingly to reflect them as registered shareholders of the
Company.
Following the delisting of the Shares, shareholders may wish to note that
the Company does not intend to maintain the depository arrangement with
Clearstream and Euroclear. This is in line with the Company's strategy of
reducing costs associated with a delisting of the Shares. Accordingly,
shareholders, namely depository agents which are interest holders of the
Shares recorded with Clearstream and Euroclear ("IHs") and beneficial
owners which hold the interests in the Shares through such depository
agents ("BOs") are once again advised to take the appropriate steps,
detailed below, to have the legal ownership of the Shares transferred to
the BOs, and for the BOs to be registered as shareholders of the Company in
the Register of Shareholders, by 15 December 2014 ("Deadline").
1. BOs are to contact their depository agents with their personal
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