The JohnFredriksen-controlled bulker company as had a secondary listing in the LionRepublic since March 2010.
"Thevolume of shares traded on SGX is very limited and the company would like tosimplify its operation and reduce cost,” it said Friday.
“Thecompany’s presence in Asia on the shipping side is increasing and would not be affectedby this delisting.”
News of the possible de-listing came as GoldenOcean reported a near 50% year-on-year increase in first quarter net profit to$10.1m.
The
