Memtech International to delist on 22 August

It was bought for $1.35 apiece in an offer that closed 26 July.

Memtech International will be delisted from the Singapore Exchange Limited - Securities Trading (SGX-ST) on 22 August, an announcement revealed.

This follows the voluntary conditional cash offer made by M-Universe Investments for all the company’s shares at $1.35 apiece. The offer closed on 26 July.

M-Universe Investments is a wholly-owned subsidiary of the Shanghai-listed Universal Scientific Industrial (USI). USI is a subsidiary of ASE Technology Holding Co., Ltd, which is listed on both the New York Stock Exchange (NYSE) and Taiwan Stock Exchange (TWSE).

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