(Yicai Global) Oct.31 -- The world's largest bulk commodity dealer Glencore PLC [HKG:0805] today said it is planning to delist from the Hong Kong Stock Exchange (HKSE) due to small numbers of Hong Kong registered shareholders and their low share capital. 

Glencore's secondary listing in HKSE resulted in minority shareholders registered in its Hong Kong register of members and the minority shareholders only accounted for 0.3 percentage of the total issued share capital, a statement from the company said. After consideration, the board of directors concluded that the withdrawal from HKSE was in the interests of the corporation and all its shareholders, it added. 

Glencore's listing on the London Stock Exchange and the Johannesburg Stock Exchange in South Africa will remain. The company proposed Jan. 10, 2018, as their last trading day in HKSE and it will withdraw from the share transferring registration from Jan. 18 onwards, with Jan. 31 would be the final day in HKSE, the statement shows.