10 Aug 2016
Conversion of SGX Listing Status From Primary Listing to Secondary Listing
Danny Lim and Cynthia Wu from the Capital Markets / Mergers & Acquisitions Practice Group are advising Courage Marine Group Limited, which is dual primary listed on the Main Board of the Singapore Exchange Securities Trading Limited and The Stock Exchange of Hong Kong Limited, in a proposed conversion of its listing status on the SGX-ST to a secondary listing.
The Courage Marine group owns and operates bulk carriers, which are deployed around PRC, Japan, Russia, Vietnam, Indonesia, Bangladesh and elsewhere in Asia. These vessels transport dry bulk commodities such as coal, sea sand, gravel, cement, clinker, iron ore, minerals, and wood chips.