TT International submitted its delisting application on March 5 after Baker Tilly Advisory reported that the company was insolvent, with its liabilties significantly exceeding its assets.
Given the company’s financial position, TT International said it will not be making any distributions or an exit offer to its shareholders.
The company added that it will not be arranging for the issuance of share certificates to shareholders due to the lack of financial resources.
Shares in TT International last traded in August 2017 after the company voluntarily suspended trading.
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For the 2QFY2026 ended Sept 30, 2025, TT International reported a loss of $2 million, 38.7% higher than the $1.4 million reported in the 2QFY2025.
