Past version: Effective from 01 Mar 2016 to 01 Dec 2016
The Exchange will place an issuer on the watch-list, under either of the following:—
(1) Financial Entry Criteria
Records pre-tax losses for the three (3) most recently completed consecutive financial years (based on audited full year consolidated accounts; and an average daily market capitalisation of less than S$40 million over the last 6 months.
Records pre-tax losses for the three (3) most recently completed consecutive financial years (based on audited full year consolidated accounts; and an average daily market capitalisation of less than S$40 million over the last 6 months.
(2) Minimum Trading Price (“MTP”) Entry Criterion
Records a volume weighted average price of less than S$0.20 over the last 6 months. Reference is made to Paragraph 2.4 of Practice Note 13.2 for the calculation methodology.
For the purpose of this rule, real estate investment trusts and business trusts are subject to the MTP Entry Criterion but not the Financial Entry Criteria.
Records a volume weighted average price of less than S$0.20 over the last 6 months. Reference is made to Paragraph 2.4 of Practice Note 13.2 for the calculation methodology.
For the purpose of this rule, real estate investment trusts and business trusts are subject to the MTP Entry Criterion but not the Financial Entry Criteria.
Amended on 1 March 20161 March 2016.