Future version: Effective from 04 Jan 2027
(1) An issuer may consult the Exchange to resolve specific issues before it applies for listing of new securities.
(2) Unless the Exchange prescribes otherwise, the following sets out the usual steps in the additional listing process for a rights issue.
(a) The issuer makes an announcement in compliance with Rule 814(1) and submits one copy of the additional listing application. The application must be prepared in compliance with Rule 875 and supported by the documents prescribed in Rule 877;
(b) The Exchange reviews and decides on the application, and the issuer announces the Exchange's decision promptly;
(c) The issuer obtains shareholder approval (if required), fixes the record date and informs the Exchange;
(d) Following receipt of the Exchange's in-principle approval for the listing and quotation of the new securities or shareholder approval for the issue of the new securities, whichever is later, the issuer must lodge the offer information statement with SGX RegCo acting as an assistant of the Authority;
(e) [Deleted]
(f) Where the Exchange informs the issuer of any further information that is required to be disclosed after lodgement of the offer information statement with SGX RegCo acting as an assistant of the Authority, but before the commencement of nil-paid rights trading, the issuer must announce this information (not later than 2pm on the market day before commencement of nil-paid rights trading);
(g) If commencement of nil-paid rights trading is expected to be delayed, the issuer must make an announcement to this effect as soon as practicable but not later than 4pm on the market day before the commencement of nil-paid rights trading; and
(h) After the close of the rights issue, the issuer allots and issues the new securities and the new securities are listed.
Amended on 7 February 2020 and 4 January 2027.