Singapore - Robinson and Co Ltd, Singapore's oldest retailer, is to be delisted from the Singapore Exchange Monday after its takeover earlier this year by the Dubai-based Al-Futtaim Group, Robinson's said.

It applied for delisting on May 27.

The Al-Futtain Group has interests in automotive, consumer electronics, retail, construction, engineering, logistics, insurance and real estate. It also represents such leading brands as Ikea, Marks and Spencer and Chrysler in the Middle East.

The Robinson group has branched out into franchising foreign brands. (dpa)