- 04 December 2013
International client delisted
NASDAQ OMX Copenhagen has approved United Plantations Berhad’s request for delisting of its shares from trading on the Danish stock exchange.
Until the end of this year, the Malaysian plantation group United Plantations Berhad (UP) will be listed on NASDAQ OMX Copenhagen. But from 1 January 2014, UP will be listed exclusively in Malaysia.
Bech-Bruun has assisted in the process.
It is presumably the first time NASDAQ has approved the delisting from NASDAQ of a company not listed in another EU Member State without the minority shareholders being offered redemption.