Hengxin Technology, a maker of radio frequency coxial cables series for mobile communications, said it would delist from the Singapore Exchange from February 5.
China-based Hengxin Technology said it expects January 19 to be the last day its shares will be traded on the SGX.
The group will retain its primary listing on the mainboard of the Hong Kong Stock Exchange.
The company is delisting from the SGX due to lower trading volumes. The trading volume of the shares on HKSE significantly exceeds the company's trading volume on the SGX.
The delisting will also eliminate the additional administrative overhead and costs of compliance associated with such SGX requirements and allow the company to streamline its operations.
Hengxin Technology in October said it believes that its primary listing on the HKSE is sufficient to meet its future debt and equity fund raising requirements.
Shares in Hengxin Technology jumped 5 percent to S$0.33 on the Singapore Exchange. The stock has risen 8 percent in an year.
