This Chapter sets out continuing requirements which an issuer is required to observe once admitted to the Official List. Additional continuing requirements are set out in the following chapters:—

Chapter 8 Changes in Capital
Chapter 9 Interested Person Transactions
Chapter 10 Significant Transactions
Chapter 11 Takeovers
Chapter 12 Circulars and Annual Reports

Amended on 7 February 20207 February 2020.

An issuer must release all announcements via SGXNET, unless specified otherwise.

In addition to Rule 703, an issuer must immediately announce the following:—

General

(1) Any change of address of the registered office of the issuer or of any office at which the Register of Members or any other register of securities of the issuer is kept.

(2) Any proposed alteration to the Memorandum of Association or Articles of Association or Constitution of the issuer (see Rule 730 which requires issuers to seek the Exchange's approval for any alteration to their Articles or constituent documents).

(3) [Deleted]

(4) Any call to be made on partly paid securities of the issuer or of any of its principal subsidiaries.

(5) Any adverse opinion, disclaimer of opinion, qualified opinion or emphasis of a matter (including a material uncertainty relating to going concern) by the auditors on the financial statements of:—

(a) the issuer; or

(b) any of the issuer's subsidiaries or associated companies, if the adverse opinion, disclaimer of opinion, qualified opinion or emphasis of a matter has a material impact on the issuer's consolidated accounts or the group's financial position.

(6) If an issuer has previously announced its preliminary full-year results, any material adjustments to its preliminary full-year results made subsequently by auditors.

Appointment Or Cessation of Service

(7)

(a) Any appointment or cessation of service of key persons such as director, chief executive officer, chief financial officer, chief operating officer, general manager or, qualified person or other executive officer of equivalent authority, company secretary, registrar or auditors of the issuer. The announcement of an appointment or cessation of service of key persons such as director, chief executive officer, chief financial officer, chief operating officer, general manager or, qualified person or other executive officer of equivalent authority must contain the information contained in Appendix 7.4.1 or Appendix 7.4.2, as the case may be.

(b) In the case of a cessation of service of any director, chief executive officer, chief financial officer, chief operating officer, general manager or other executive officer of equivalent authority, such persons must inform the Exchange in writing as soon as possible if he is aware of any irregularities in the issuer which would have a material impact on the group, including financial reporting.

(8) Any appointment or reappointment of a director to the audit committee. The issuer must state in the announcement whether the board considers the director to be independent. The issuer must also provide such additional disclosure as may be appropriate in the circumstances to enable its shareholders to assess the independence or otherwise of the appointed director. In the event of any retirement or resignation which renders the audit committee unable to meet the minimum number (not less than three) the issuer should endeavour to fill the vacancy within two months, but in any case not later than three months.

(9) Any appointment of a person who is a relative of a director or chief executive officer or substantial shareholder of the issuer to a managerial position in the issuer or any of its principal subsidiaries. The announcement must state the job title, duties and responsibilities of the appointee, and the information required in Rule 704(7).

(10) Any promotion of an appointee referred to in Rule 704(9).

(11) Any appointment of, or change in legal representative(s) (or person(s) of equivalent authority, however described), appointed as required by any relevant law applicable to the issuer and/or any of its principal subsidiaries, with sole powers to represent, exercise rights on behalf of, the issuer and/or that principal subsidiary.

(12) For issuers with principal subsidiaries based in jurisdictions other than Singapore, any of its independent directors' appointment or cessation of service from the boards of these principal subsidiaries.

(13) Within 60 days after each financial year, the issuer must make an announcement of each person occupying a managerial position in the issuer or any of its principal subsidiaries who is a relative of a director or chief executive officer or substantial shareholder of the issuer as set out in Appendix 7.2 Part II. If there are no such persons, the issuer must make an appropriate negative statement. The Exchange may require the issuer to provide additional information on any such person, including his remuneration, any changes to his duties, responsibilities and remuneration package.

Appointment of Special Auditors or Additional Auditors

(14) Any appointment of a special auditor or an additional auditor. The issuer may be required by the Exchange to announce the findings of the special auditors or the additional auditors.

General Meetings

(15) The date, time and place of any general meeting. All notices convening meetings must be sent to shareholders at least 14 calendar days before the meeting (excluding the date of notice and the date of meeting). For meetings to pass special resolution(s), the notice must be sent to shareholders at least 21 calendar days before the meeting (excluding the date of notice and the date of meeting).

(16) Immediately after each general meeting and before the commencement of the pre-opening session on the market day following the general meeting, whether the resolutions put to a general meeting of an issuer were passed. The announcement shall include:

(a) Breakdown of all valid votes cast at the general meeting, in the following format:

(b) Details of parties who are required to abstain from voting on any resolution(s), including the number of shares held and the individual resolution(s) on which they are required to abstain from voting; and

(c) Name of firm and/or person appointed as scrutineer.

Acquisitions and Realisations

(17) Any acquisition of:—

(a) shares resulting in the issuer holding 10% or more of the total voting rights of a quoted company; and

(b) except for an issuer which is a bank, finance company, securities dealing company or approved financial institution, quoted securities resulting in the issuer's aggregate cost of investment exceeding each multiple of 5% of the issuer's latest audited consolidated net tangible assets. The announcement must state:—

(i) the issuer's aggregate cost of investment in quoted securities before and after the acquisition, and such amounts as a percentage of the latest audited consolidated net tangible assets of the issuer;

(ii) the total market value of its investment in quoted securities before and after the acquisition; and

(iii) the amount of any provision for diminution in value of investment in quoted securities.

An issuer should not include the issuer's holdings in its subsidiaries and associated companies listed or quoted on the Exchange or on a foreign stock exchange when computing its investment in quoted securities.

(c) [Deleted]

(d) [Deleted]

(18) Any sale of:—

(a) shares resulting in the issuer holding less than 10% of the total voting rights of a quoted company; and

(b) except for an issuer which is a bank, a finance company, a securities dealing company or an approved financial institution, quoted securities resulting in the issuer's aggregate cost of investment in quoted securities falling below each multiple of 5% of the issuer's latest audited consolidated net tangible assets. The announcement must contain the same information as required under Rule 704(17)(b)(i) to (iii), relating to a sale instead of an acquisition.

(c) [Deleted]

(d) [Deleted]

(19) Any acquisition or disposal of shares or other assets which is required to be announced under Chapter 10.

Winding Up, Judicial Management, etc

(20) Any application filed with a court to wind up the issuer or any of its subsidiaries, or to place the issuer or any of its subsidiaries under judicial management.

(21) The appointment of a receiver, judicial manager or liquidator of the issuer or any of its subsidiaries

(22) [Deleted]

(23) Where Rule 704(20), (21) or (32) applies, a monthly update must be announced regarding the issuer's financial situation, including:—

(a) the state of any negotiations between the issuer and its principal bankers or trustee; and

(b) the issuer's future direction, or other material development that may have a significant impact on the issuer's financial position.

If any material development occurs between the monthly updates, it must be announced immediately. No monthly updates are required for a voluntary liquidation of a dormant subsidiary by the issuer that is announced pursuant to Rule 704(21).

Announcement of Results, Dividends, etc

(24) Any recommendation or declaration of a dividend (including a bonus or special dividend, if any), the rate and amount per share and date of payment. If dividends are not taxable in the hands of shareholders, this must be stated in the announcement and in the dividend advice to shareholders. If there is a material variation in the interim or final dividend rate compared to that for the previous corresponding period, the directors must state the reasons for the variation at the time the dividend is recommended or declared. If the directors decide not to declare or recommend a dividend, this must be announced together with the reason(s) for such decision.

(25) After the end of each of the first three quarters of its financial year, half year or financial year, as the case may be, an issuer must not announce any:—

(a) dividend;

(b) bonus issue or rights issue;

(c) record date;

(d) capital return; or

(e) passing of a dividend,

(f) [Deleted]

unless it is accompanied by the financial statements for the quarter, half year or financial year (as set out in Appendix 7.2), as the case may be, or the financial statements (as set out in Appendix 7.2) have been announced.

Record Date

(26) Any intention to fix a record date, stating the date, reason and address of the share registry at which the relevant documents will be accepted for registration. At least 5 market days of notice (excluding the date of announcement and the record date) must be given for any record date. Issuers could consider a longer notice period, where necessary. The Exchange may agree to a shorter books closure period. In fixing a record date, an issuer must ensure that the last day of trading on a cum basis falls at least 1 day after the general meeting, if a general meeting is required to be held.

(27) The issuer must not fix a record date for any purpose until at least 8 market days after the previous record date. This rule does not prohibit identical record dates for different purposes.

Treasury Shares and Subsidiary Holdings

(28) Any sale, transfer, cancellation and/or use of treasury shares, stating the following:—

(a) Date of the sale, transfer, cancellation and/or use;

(b) Purpose of such sale, transfer, cancellation and/or use;

(c) Number of treasury shares sold, transferred, cancelled and/or used;

(d) Number of treasury shares before and after such sale, transfer, cancellation and/or use;

(e) Percentage of the number of treasury shares against the total number of shares outstanding in a class that is listed before and after such sale, transfer, cancellation and/or use; and

(f) Value of the treasury shares if they are used for a sale or transfer, or cancelled.

(28A) Any sale, transfer, cancellation and/or use of subsidiary holdings, stating the following:—

(a) Date of the sale, transfer, cancellation and/or use;

(b) Purpose of such sale, transfer, cancellation and/or use;

(c) Number of subsidiary holdings sold, transferred, cancelled and/or used;

(d) Number of subsidiary holdings before and after such sale, transfer, cancellation and/or use; and

(e) Percentage of the number of subsidiary holdings against the total number of shares outstanding in a class that is listed before and after such sale, transfer, cancellation and/or use.

Employee share option or share scheme

(29) Any grant of options or shares. The announcement must be made on the date of the offer and provide details of the grant, including the following:—

(a) Date of grant;

(b) Exercise price of options granted;

(c) Number of options or shares granted;

(d) Market price of its securities on the date of grant;

(e) Number of options or shares granted to each director and controlling shareholder (and each of their associates), if any; and

(f) Validity period of the options.

Use of Proceeds

(30) The use of the IPO proceeds and any proceeds arising from any offerings pursuant to Chapter 8 as and when such funds are materially disbursed and whether such a use is in accordance with the stated use and in accordance with the percentage allocated in the prospectus or the announcement of the issuer. Where the proceeds are used for general working capital purposes, the issuer must announce a breakdown with specific details on the use of proceeds for working capital. Where there is any material deviation from the stated use of proceeds, the issuer must also announce the reasons for such deviation.

Loan Agreements / Issue of Debt Securities

(31) When the issuer or any of its subsidiaries enters into a loan agreement or issues debt securities that contain a specified condition, and the breach of this specified condition will be an event of default, an enforcement event or an event that would cause acceleration of the repayment of the principal amount of the loan or debt securities, significantly affecting the operations of the issuer or results in the issuer facing a cash flow problem:—

(a) the details of the specified condition; and

(b) the level of these facilities that may be affected by a breach of such specified condition.

For the purpose of Rule 704(31) and Rule 728, a "specified condition" is a condition that makes reference to the shareholding interests of any controlling shareholder of the issuer, REIT manager or trustee-manager, or unitholding interests of any controlling unitholder of the REIT or business trust, as the case may be, or a restriction on any change in control of the issuer, REIT, business trust, REIT manager or trustee-manager, or on any change of the REIT manager or trustee-manager, as the case may be.

(32) For any loan agreement or debt securities of the issuer or any of its subsidiaries, any breach of, or occurrence of any event under the terms of, the loan agreement or debt securities if it, in the opinion of the issuer's directors, may:

(a) have a significant impact on the operations of the issuer; or

(b) result in the issuer facing a cash flow problem.

Restatement of Financial Statements Required by Regulatory Authority

(33) Any requirement by a regulatory authority to restate or re-file financial statements, indicating clearly the reasons for being required to do so.

Public Sanctions

(34) Any public reprimand or public sanction relating to non-compliance with applicable laws or regulations, including any applicable accounting standards.

Third and Subsequent Consecutive Financial Year Losses 

(35) When the issuer records pre-tax losses for the third and subsequent consecutive financial year (based on audited full year consolidated accounts) as set out in Appendix 7.8.

Amended on 1 January 2011, 29 September 2011, 19 November 2012, 27 September 2013, 1 August 2015, 31 March 2017, 26 June 2018, 23 August 2018, 1 January 2019, 7 February 2020, 7 February 2020, 12 February 2021 and 29 October 2025.

(1) An issuer must announce the financial statements for the full financial year (as set out in Appendix 7.2) immediately after the figures are available, but in any event not later than 60 days after the relevant financial period.

(2) An issuer must announce the financial statements for each of the first three quarters of its financial year (as set out in Appendix 7.2) immediately after the figures are available, but in any event not later than 45 days after the quarter end if:—

(a) [Deleted]

(b) [Deleted]

(c) [Deleted]

(d) its auditors have issued an adverse opinion, a qualified opinion or a disclaimer of opinion on the issuer's latest financial statements; or

(e) its auditors have stated that a material uncertainty relating to going concern exists in the issuer's latest financial statements.

(2A) Unless otherwise determined by the Exchange, an issuer that is required to announce its financial statements under Rule 705(2) will have a grace period of one year to comply with the requirement, such grace period commencing on the date on which the condition in Rule 705(2) is met. An issuer must continue to comply with Rule 705(2) for so long as any condition in Rule 705(2) is met.

(2B) Rule 705(2) will not apply to an issuer if:—

(a) it is undergoing judicial management, winding up or provisional liquidation; or

(b) its assets consist wholly or substantially of cash or short-dated securities as referred to in Rule 1018.

(2C) An issuer that is required by the Exchange to announce its quarterly financial statements must prominently include a statement on the cover page of its announcement of its quarterly financial statements that such an announcement is pursuant to an Exchange requirement.

(3)

(a) [Deleted]

(b) An issuer that is not required to comply with Rule 705(2) must either:

(i) announce the financial statements for each of the first three quarters of its financial year (as set out in Appendix 7.2); or

(ii) announce its first half financial statements (as set out in Appendix 7.2),

in each case immediately after the figures are available, but in any event not later than 45 days after the relevant financial period.

If an issuer that is not required to comply with Rule 705(2) announces its quarterly financial statements in a format other than as set out in Appendix 7.2, it must comply with Rule 705(3)(b)(ii).

(3A) An issuer that prepares its financial statements under Rule 705 in accordance with Appendix 7.2 must also prepare such financial statements in accordance with the relevant accounting standards for interim financial reports under Singapore Financial Reporting Standards (International) ("SFRS(I)s"), or International Financial Reporting Standards ("IFRS"), or US Generally Accepted Accounting Principles ("US GAAP").

(4) Notwithstanding the foregoing, with respect to the first announcement to be made by the issuer pursuant to Rule 705(1), 705(2), or 705(3)(b) following its listing on the Exchange, where the time period between the date of its listing and the final date for the issuer to make the relevant announcement pursuant to Rule 705(1), 705(2), or 705(3)(b) above is less than 30 days, the issuer shall have 30 days from the relevant deadline to make the relevant announcement of the financial statements provided that the following conditions are satisfied:

(a) the extension is announced by the issuer at the time of the issuer's listing; and

(b) in the announcement referred to in paragraph (a), the issuer must confirm that there is no material adverse change to the financial position of the issuer since the date of its prospectus or introductory document issued in connection with its listing on the Exchange.

(5) In the case of an announcement of interim financial statements (quarterly or half-yearly, as applicable, but excluding full year financial statements), an issuer's directors must provide a confirmation that, to the best of their knowledge, nothing has come to the attention of the board of directors which may render the interim financial statements to be false or misleading in any material aspect. In order to make this confirmation, directors would not be expected to commission an audit of these financial statements. The confirmation may be signed by 2 directors on behalf of the board of directors.

Use of Funds/Cash for Life Science Companies and Mineral, Oil and Gas Companies that Qualified for Listing pursuant to Rule 210(8) and Rule 210(9) respectively

(6) An issuer which qualified for listing pursuant to Rule 210(8) or Rule 210(9) must make a quarterly announcement on the use of funds/cash for the quarter and a projection on the use of funds/cash for the next immediate quarter, including material assumptions, immediately after the figures are available but in any event not later than 45 days after the first three quarters of the financial year and not later than 60 days after the last quarter. The issuer's directors must also provide a confirmation that, to the best of their knowledge, nothing has come to their attention which may render such information provided false or misleading in any material aspect. In order to make this confirmation, the directors would not be expected to commission an external audit or review of the statements. The confirmation may be signed by 2 directors on behalf of the board of directors.

This rule ceases to apply:

(i) For life science companies, once the issuer is able to meet the profit criteria under Rule 210(2)(a) or all its principal products have reached commercialisation;

(ii) For mineral, oil or gas companies, once the issuer is able to meet the profit criteria under Rule 210(2)(a) or all its principal mineral, oil or gas assets are in production.

(7) In the announcements required by Rule 705(1) and (6), a mineral, oil and gas company must also include details of exploration (including geophysical surveys), development and/or production activities undertaken by the issuer and a summary of the expenditure incurred on those activities, including explanations for any material variances with previous projections, for the period under review. If there has been no exploration, development and/or production activity respectively, that fact must be stated.

Amended on 27 September 2013, 23 August 2018, 7 February 2020, 12 February 2021 and 29 October 2025.

In addition to the information required under Rule 705, the Exchange may require additional information to be disclosed.

Added on 7 February 20207 February 2020.

Amended on 7 February 20207 February 2020.

The chairman's statement (or equivalent) in the annual report must provide a balanced and readable summary of the issuer's performance and prospects, and should represent the collective view of the board. If the Chairman's statement does not represent the collective view of the board, the view of each dissenting director must be disclosed in the annual report.

The annual report must contain the information required in Part III of Chapter 12.

The annual financial statements must be: 

(a) prepared in accordance with Singapore Financial Reporting Standards (International) ("SFRS(I)s"), International Financial Reporting Standards ("IFRS"), or US Generally Accepted Accounting Principles ("US GAAP"); and

(b) audited by certified public accountants in accordance with Singapore Standards on Auditing, International Standards on Auditing, US Generally Accepted Auditing Standards, or auditing standards of the Public Company Accounting Oversight Board (United States), as the case may be.

Added on 7 February 2020 and amended on 12 February 2021 and 29 October 2025.

An issuer must describe in its annual report its corporate governance practices with specific reference to the principles and the provisions of the Code. An issuer must comply with the principles of the Code. Where an issuer's practices vary from any provisions of the Code, it must explicitly state, in its annual report, the provision from which it has varied, explain the reason for variation, and explain how the practices it had adopted are consistent with the intent of the relevant principle.

Amended on 1 January 20191 January 2019.

Added on 1 January 2022.

An issuer may issue a summary financial statement in accordance with the Companies Act or any other applicable written law, regulation or code. However, the Exchange may require the issuer to disclose additional information.

Amended on 31 March 201731 March 2017.

An issuer must issue a sustainability report for its financial year, no later than 4 months after the end of the financial year, or where the issuer has conducted external assurance on the sustainability report, no later than 5 months after the end of the financial year.

Added on 20 July 201620 July 2016 and amended on 1 January 2022.

1. The sustainability report must describe the sustainability practices with reference to the following primary components: 
   (a) material environmental, social and governance factors;
    
   (aa) climate-related disclosures;
    
   (b) policies, practices and performance;
    
   (c) targets;
    
   (d) sustainability reporting framework; and
    
   (e) Board statement and associated governance structure for sustainability practices.
2. If the issuer excludes any primary component, it must disclose such exclusion and describe what it does instead, with reasons for doing so. An issuer must not exclude the primary component in Rule 711B(1)(aa).
3. The issuer’s sustainability reporting process must be subject to internal review. The issuer may additionally commission an independent external assurance on the sustainability report.
4. The primary component in Rule 711B(1)(aa) must comply with the requirements on climate-related disclosures set out in Practice Note 7.6.

Added on 20 July 2016 and amended on 1 January 2022 and 1 January 2025.

Amended on 29 September 201129 September 2011, 27 September 201327 September 2013 and 12 February 2021.

[Deleted]

Amended on 29 September 201129 September 2011 and 12 February 2021.

Amended on 29 September 201129 September 2011.

An issuer may appoint different auditing firms for its subsidiaries or significant associated companies (referred to in Rule 715(1)) provided that:—

Amended on 29 September 201129 September 2011.

An issuer must disclose in the annual report the names of the auditing firm(s) for its significant subsidiaries and associated companies.

Amended on 29 September 201129 September 2011.

For the purpose of Rules 715 to 717, a subsidiary or associated company is considered significant if its net tangible assets represent 20% or more of the issuer's consolidated net tangible assets, or its pre-tax profits account for 20% or more of the issuer's consolidated pre-tax profits.

Amended on 29 September 201129 September 2011 and 1 January 20191 January 2019.

Amended on 29 September 201129 September 2011 and 7 February 20207 February 2020.

Amended on 29 September 201129 September 2011, 27 September 201327 September 2013, 7 October 20157 October 2015, 1 January 20191 January 2019, 7 February 20207 February 2020, 1 August 2021 and 1 January 2022.

If an agreement has been entered into in connection with any acquisition or realisation of assets or any transaction outside the ordinary course of business of the issuer or its subsidiaries, and such an agreement has been disclosed publicly, the announcement must include a statement that a copy of the relevant agreement will be made available for inspection during normal business hours at the issuer's registered office for a period of 3 months from the date of the announcement.

Deleted on 25 September 201525 September 2015.

Deleted on 25 September 201525 September 2015.

An issuer must ensure that at least 10% of the total number of issued shares excluding treasury shares (excluding preference shares and convertible equity securities) in a class that is listed is at all times held by the public.

Amended on 7 October 20157 October 2015.

An issuer must appoint two authorised representatives who must be either directors or a director and the company secretary.

The responsibilities of an authorised representative are as follows: —

If the Exchange is not satisfied that the authorised representative is fulfilling his or her responsibilities adequately, it may require the issuer to terminate the appointment and appoint a replacement. The issuer must immediately notify the Exchange of the new authorised representative's appointment and relevant particulars.

Added on 29 September 201129 September 2011.

Amended on 29 September 201129 September 2011, 31 March 201731 March 2017, 26 June 201826 June 2018 and 7 February 20207 February 2020.

Added on 29 September 201129 September 2011 and amended on 7 February 20207 February 2020.

Where the trading of securities of an issuer is suspended, there must not be any transfers of securities, unless approved by the Exchange.

Amended on 29 September 201129 September 2011.

Added on 1 January 20141 January 2014 and amended on 1 August 20151 August 2015.

For an issuer with a dual class share structure, the following matters must be voted through the enhanced voting process:

For the avoidance of doubt, the relevant voting thresholds in respect of each of the above matters will continue to apply.

Added on 26 June 201826 June 2018.

An issuer must announce any change in its financial year end, stating the reasons for the change.

Added on 7 February 20207 February 2020.

An issuer must allot securities and despatch certificates within 10 market days of the closing date for applications to subscribe for a new issue of securities. The Exchange may grant an extension of time.

An issuer must:—

If in the exercise of its rights under Rule 732(5), an issuer refuses to register a transfer of a security, it must give to the lodging party written notice of the refusal and the precise reasons therefore within 10 market days after the date on which the transfer was lodged with the issuer.

An issuer must not charge more than $2.00 for each certificate issued.

The number of securities represented by any certificate must be clearly shown in words and figures on the face of the certificate or in such other manner as may be approved by the Exchange.

Any certificates should be designed so that forgery and/or alterations are readily detectable. The printing of securities certificates must be entrusted to recognised security printers. The paper for securities must be first class bond or banknote paper containing a watermark of the printer or issuer. If more than one class of securities are listed on the Exchange, the colour of the certificates for each class of securities must be distinctly different. Where an issuer's Articles of Association restrict the percentage of shares held in foreign hands and the shares of the issuer are accordingly designated as foreign shares or local shares, such foreign shares and local shares are considered to be two separate classes of shares for the purpose of this rule.

Proxy forms must be designed in a manner that will allow a shareholder appointing a proxy to indicate how the shareholder would like the proxy to vote (whether to vote in favour of or against, or to abstain from voting) in relation to each resolution.

Amended on 7 February 20207 February 2020.

An issuer must give the Exchange, or any Member Company upon request, an extract of the stock or share register. This must show details on or between the named date or dates of all entries relating to the registration or transfer of stock and shares, including particulars of the relevant certificate numbers and the names into which or from which any particular stock or shares may have been transferred. Where the issuer's securities are traded on the scripless system, the issuer authorises CDP to provide the Exchange, at the Exchange's request, with an extract of the issuer's securities held in each securities account maintained by CDP, in such detail as may be required by the Exchange.

An issuer must permit its securities to be transferred to CDP or from a main register to a branch register (and vice versa) without restriction.

A document given to the Exchange by an entity, or on its behalf, becomes and remains the property of the Exchange to deal with as it wishes, including copying, storing in a retrieval system, transmitting and selling to the public, and publishing any part of the document and permitting others to do so. The documents referred to in this rule include a document given to the Exchange in support of a listing application or in compliance with the listing rules.

Documents for overseas shareholders shall be forwarded by air or by facsimile transmission or, in another way that ensures that the documents will be received quickly.

Where an issue of securities is to be made overseas and is supported by a prospectus or other public documents, the prospectus or other public documents must be submitted to the Exchange in English. Such documents must be endorsed "Specimen — For information only".

An issuer must supply the Exchange with such number of final printed copies as the Exchange may require from time to time (and one soft copy in such format as the Exchange may require) of the following documents for public release:—

Amended on 7 February 20207 February 2020.

Rule 743 does not apply to an announcement released to the Exchange via SGXNET.

Deleted on 19 May 201619 May 2016.

Deleted on 19 May 201619 May 2016.

Deleted on 19 May 201619 May 2016.

An investment fund must comply with Chapter 8, Parts I to IV of this Chapter, and the following requirements:—

Periodic Reports

Annual Report

Amended on 7 February 20207 February 2020.

A mineral, oil and gas company must comply with paragraph 2 of Practice Note 6.3 for any disclosure of reserves, resources or exploration results.

Added 27 September 201327 September 2013.

A mineral, oil and gas company must comply with the following:

Added 27 September 201327 September 2013 and amended on 23 August 201823 August 2018.

An issuer with a secondary listing on the SGX Main Board must:

on a continuing basis.

Added on 3 November 20143 November 2014.

An issuer must comply with Rules 210(10)(c) to 210(10)(i) on a continuing basis.

Added on 26 June 201826 June 2018.

An issuer with a dual class share structure must prominently include a statement on the cover page of its announcements that the issuer is a company with a dual class share structure.

Added on 26 June 201826 June 2018.

While the issuer remains on the Official List of the SGX Mainboard, it must comply with the listing rules in Chapters 7 to 13, and the following additional requirements:

Change of Acquisition Mandate

(1) Any proposed change of acquisition mandate for the business combination must be approved by a majority of at least 75% of the votes cast by shareholders at a general meeting to be convened.

Notification of Change in Information

(2) The issuer must immediately announce via SGXNET:

(a) any material change to the information disclosed in the prospectus of the IPO including (i) any change of the escrow agent of its escrow account and change in the permitted investments; and (ii) any change in maximum percentage dilution limit established by the issuer under Rule 210(11)(k);

(b) upon becoming aware that it will not be able to complete its business combination within the permitted time frame, immediately announce this fact, and the reasons for the inability to complete;

(c) any material change described in Rule 210(11)(n)(i); and

(d) where a business combination is not completed or is rescinded by any party to the transaction due to any reason, (i) the reasons for the non-completion or recission of the transaction; (ii) the financial impact of the non-completion or recission on the issuer; and (iii) the possible course(s) of action to protect the interests of the shareholders of the issuer. Notwithstanding this, the issuer must provide timely updates on the specific course of action including its progress and outcome.

Business Combination

(3) The issuer must provide quarterly updates of cash utilisation that meets the Exchange’s requirements via SGXNET, including information set out in Practice Note 6.4.

(4) Where an application is submitted to the Exchange for an extension of time to complete the business combination under Rule 210(11)(m)(ii), the issuer must immediately announce the fact via SGXNET. The issuer must confirm the following in the announcement:

(a) there is no material adverse change to the financial position of the issuer since the date of prospectus issued in connection with its listing on the Exchange;

(b) the extension is permitted by and in accordance with all relevant laws and regulations governing the issuer in its place of constitution; and

(c) the issuer will provide quarterly updates to investors on its progress in meeting key milestones in completing the business combination via SGXNET.

(5) An issuer which has yet to complete a business combination is not permitted to undertake share buy-backs.

(6) The issuer must comply with the following for the business combination:

(a) Rules 211A, 215, 216, 218, 219, 221 to 224B, 229A; and

(b) Rules 246(5)(a) and 246(6), with the necessary adaptations for the resulting issuer.

(7) Following completion of the business combination, the resulting issuer will be subject to (a) Rule 113(2), with the necessary adaptations; and (b) the continuing listing obligations in Chapters 7 to 13, and will no longer need to comply with the additional requirements under this rule.

Added on 3 September 2021 and amended on 29 October 2025.