Companies are only listed on the Singapore Exchange if they do well. If their average daily market capitalisation is less than $40 million over the last 120 market days, then it is placed on a watch-list, and if it does not improve within two years it is delisted from the Singapore Exchange.
People also ask
What does it mean to be on the SGX watchlist?
SGX will place an issuer on this watch-list as part of ongoing efforts to improve the overall quality of listed companies in Singapore, and promote investor confidence of the marketplace.
How do I get out of my SGX watchlist?
3.3 To exit the watch-list, the issuer must have recorded profit in accordance with Rule 1314. In addition, to provide assurance that the issuer demonstrates actual profitability, the Exchange takes into account the audit opinion of the financial statements and the sustainability of the profit.
What is the purpose of SGX?
As Asia's most international and trusted exchange, SGX aims to be a leading sustainable and credible transition finance and trading hub with end-to-end products, solutions and ecosystems.
What happens when a stock is delisted SGX?
When a company is delisted, its shares are no longer eligible for trading on the stock exchange. As a shareholder and if you continue to hold on to the shares post-delisting, you will continue to have legal and beneficial ownership and rights over the shares that you hold in the company.
SGX introduced the Watch-list for companies listed on Mainboard on 1 March 2008 based on the Financial Entry Criteria in Listing Rule 1311.
The 2 main purposes of the watch-list are to: (i) instill discipline in issuers to administer their financial performance for continued compliance with the ...
The Exchange (i.e. SGX) will place an issuer on the watch-list, if it records pre-tax losses for the 3 most recently completed consecutive financial years ...
Jun 6, 2023 · Nine companies were placed on the Singapore Exchange Regulation (SGX RegCo) watch list on Tuesday, while Trek 2000 – the firm that invented the ubiquitous ...
Mar 8, 2016 · The SGX watch-list was introduced in March 2008 by the Exchange to quarterly review listed companies on the Mainboard.
The Exchange will place an issuer on the watch-list, if it records pre-tax losses for the 3 most recently completed consecutive financial years (based on ...
Breadcrumb. SGX Rulebooks · Mainboard Rules · Chapter 13 Trading Halt, Suspension and Delisting · Part V Watch-List · ‹ 1309 · 1310 ›. Part V Watch- ...
Singapore Business Review - SGX watchlist - Find the Latest SGX watchlist News & Headlines, insight, commentary, and analysis at Singapore Business Review.
SGX Watchlist Counters. #. STOCK NAME. STOCK CODE. 1. 8Telecom. AZG. 2. Accrelist Ltd. QZG. 3. AcroMeta. 43F. 4. AGV. 1A4. 5. Alita Resources. 40F. 6. AlphaDX.
