PC Partner proposes HKEX delisting, eyes Southeast Asia expansion
PC Partner Group Limited announced on September 12, 2025, that its board approved the proposed voluntary withdrawal of its shares from the Main Board of the Hong Kong Stock Exchange (HKEX). The company submitted an application to the HKEX on the same day. Following the delisting, PC Partner will retain its primary listing on the Singapore Exchange Securities Trading Limited (SGX-ST). Shareholders will have the option to hold their shares or deposit them with CDP to trade on the SGX-ST after the last dealing date.
The delisting is part of PC Partner’s growth strategy, which includes expanding operations into new Asia-Pacific markets, relocating its headquarters to Singapore, and setting up a new factory in Batam, Indonesia. This move aims to strengthen the company’s strategic presence in Southeast Asia, facilitate business opportunities, and enhance flexibility in procuring high-end GPUs. The directors believe this action is in the best interests of shareholders and the company as a whole, enabling cost savings associated with maintaining a dual-listing status.
The proposed HKEX delisting is conditional upon shareholder approval via an ordinary resolution at an extraordinary general meeting (EGM), approval from the listing committee of the HKEX, and the company providing shareholders at least three months' notice from the EGM approval date. A circular detailing the delisting, arrangements for SGX-ST trading, EGM notice, and voting procedures will be dispatched to shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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