Rulebooks: Contents

Mainboard Rules
Catalist Rules
Definitions and Interpretation
Chapter 1 Introduction
Chapter 2 Sponsors
Chapter 3 Disciplinary and Appeals Procedures, and Enforcement Powers of the Exchange
Chapter 4 Equity Securities
Chapter 5 Reserved
Chapter 6 Reserved
Chapter 7 Continuing Obligations
Chapter 8 Changes in Capital
Chapter 9 Interested Person Transactions
Chapter 10 Significant Transactions
Chapter 11 Takeovers
Chapter 12 Circulars, Annual Reports and Electronic Communications
Chapter 13 Trading Halt, Suspension and Delisting
Chapter 14 Transition Rules
Practice Notes
Code of Corporate Governance 2012
Code of Corporate Governance 2018
SGX-ST Rules
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Rule Amendments

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  • Part VII Bonus Issues and Subdivision and Consolidation of Shares

    Amended on 7 February 2020.

    • 836

      An issuer that intends to make a bonus issue must promptly make an announcement, stating the following:

      (1) the terms of the bonus issue; and
      (2) whether the Exchange's approval is required and has been obtained.

      Amended on 7 February 2020.

    • 836A

      An issuer that intends to undertake a subdivision or consolidation of shares must:

      (1) promptly make an announcement, stating the terms of the subdivision or consolidation;
      (2) make an application for the listing of the subdivided or consolidated shares in accordance with the requirements for the listing of additional securities in this Chapter; and
      (3) obtain specific shareholder approval for the subdivision or consolidation.

      Added on 7 February 2020.

    • 837

      No record date must be fixed until the Exchange has issued a listing and quotation notice in respect of the bonus issue or subdivision or consolidation of shares.

      Amended on 7 February 2020.

    • 838

      The daily weighted average price of an issuer's quoted securities, adjusted for the bonus issue or subdivision of shares ("adjusted price"), must not be less than $0.20, taking into account the issuer's adjusted price for the month preceding the application date.

      Amended on 7 February 2020.

    • 839

      An issuer making a bonus issue or subdivision of shares must state in the shareholder circular (if required) whether it expects to maintain the quantum of dividend declared and paid in the previous year.

      Amended on 7 February 2020.

    • 840

      An issuer must not capitalise:

      (1) more than 50% of the amount standing in the revaluation reserve account; and
      (2) any surplus arising from the revaluation of fixed assets such as plant and machinery.

    • 841

      An issuer should avoid creating odd lots as far as possible.