Voluntary delisting appoved by shareholders, the Company will focus on building a single listing platform in Hong Kong


The Company held Extraordinary General Meeting in Singapore on 17th, Jan, on which the shareholders approved the voluntary delisting from SGX with 98.24% high approval rate. Once the delisting is completed, the Company will become a single listed company on the Main Board of the Stock Exchange of Hong Kong Limited (“HKEX”). It is expected that it will result in a consolidation in liquidity and will also make management resources more flexible. We believe that Hong Kong's social background will be more in line with the Company’s business development. In the future, the Company will strive to achieve better results in new Urbanization area.

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About Us

China New Town Development Company Limited (Stock code: D4n.si or 1278.hk) (the "Company") is dual listed on the main board of The Stock Exchange Securities Trading LImite (SGX) and The Stock Exchange of Hong Kong Limite ("HKEx") since 14 November 2007 and 22 October 2010 respectively

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