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 Obligation
Chapter 8 Changes in Capital
Chapter 9 Interested Person Transactions
Chapter 10 Acquisitions and Realisations
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, Capitalisation Issues and Subdivision of Shares

    • 836

      An issuer that intends to make a capitalization issue or a subdivision of shares must promptly make an announcement, stating the following:

      (1) The terms of the issue or the subdivision; and
      (2) Whether the issuer has obtained a listing and quotation notice from the Exchange.

    • 837

      No date must be fixed for the closing of books until the Exchange has issued a listing and quotation notice in respect of the capitalisation issue or subdivision of shares.

    • 838

      The daily weighted average price of an issuer's quoted securities, adjusted for the capitalization 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.

    • 839

      An issuer making a capitalisation 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.

    • 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.