SINGAPORE (Yosefardi) – Lippo Limited and Lippo China Resources Limited reported today Food Junction had noticed that Singapore Exchange Securities Trading Limited has no objection to its application to delist its shares subject to certain conditions set out in the letter from the Singapore Exchange to Food Junction.
The application was made following the close of the Offer by the Offeror for Food Junction on 14th August, 2013. At the close of the Offer, the Offeror and its concert parties held 93.13% of the issued share capital of
Food Junction.
Food Junction and its subsidiaries run a full-fledged food service business in Singapore, Malaysia, Indonesia, China and Hong Kong. It manages both food courts and high-end and casual multi-cultural restaurants.