Devotion Energy

Devotion Energy: Proposed voluntary delisting at $0.19 per share (23.4% premium to last close), due to low liquidity and unnecessary additional costs incurred for its listing status. The manufacturer and provider in various energy and thermal-related products will be required to obtain approval from shareholders of a majority of >75% of total share capital, while not be voted against by >10%. The offeror have obtained 43.4% acceptance on the delisting offer from substantial shareholders.