SFA Semicon Philippines Corp. (SSP) wants to delist from the Philippine Stock Exchange by Dec. 12 following the completion of the tender offer for the remaining shares of the company.
The tender offer, made by SSP parent SFA Semicon Co. Ltd. (SFA Korea) and conducted from Oct. 14 to Nov. 12, allowed SFA Korea to boost its stake from 89.98 percent to 99.41 percent.