by winston » Wed Oct 19, 2011 9:02 am
not vested
China Animal Healthcare eyes Singapore delisting
SINGAPORE, Oct 19 (Reuters) - Singapore-listed China Animal Healthcare Ltd <0940.HK>, in which U.S. private equity firm Blackstone has a small stake, said on Tuesday it was considering a potential delisting from the Singapore exchange, but would maintain its Hong Kong listing.
China Animal, which has a primary listing in both Singapore and Hong Kong, said it has consulted the Singapore exchange for guidance and has been informed that it has no objection to any potential delisting, subject to certain conditions.
The company makes vaccines for livestocks.
The potential delisting, if carried out, will be undertaken by the company as an internal corporate exercise and will not be a privatisation.
China Animal listed in Hong Kong in December, following a $45 million investment by private equity group Blackstone in July. It also has a seat on the company's board of directors.
Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"