Vale to Delist from Hong Kong Stock Exchange

Iron Investing

Vale (NYSE:VALE) reported this week that it will withdraw from the Hong Kong Stock Exchange. As per the company’s website: Vale informs that the Hong Kong Stock Exchange (HKEx) approved the withdrawal of Vale´s HDRs listing from the Stock Exchange. The withdrawal will become effective at 9:00 am (Hong Kong time) on July 28th, 2016. …

Vale (NYSE:VALE) reported this week that it will withdraw from the Hong Kong Stock Exchange.
As per the company’s website:

Vale informs that the Hong Kong Stock Exchange (HKEx) approved the withdrawal of Vale´s HDRs listing from the Stock Exchange. The withdrawal will become effective at 9:00 am (Hong Kong time) on July 28th, 2016.
The notice to HDR holders, which is available on our website (www.vale.com under the Investor Relations / Corporate Governance section), includes details on the withdrawal of the HDRs listing.
The withdrawal of the HDRs listing is in line with Vale’s simplification strategy.

Click here for the full press release.

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