SGX Rulebooks
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Past version: Effective from 02 Dec 2016 to 31 May 2020

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.
(2) Minimum Trading Price (“MTP”) Entry Criteria

Records a volume-weighted average price of less than S$0.20 and an average daily market capitalisation of less than S$40 million 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 Criteria but not the Financial Entry Criteria.

Amended on 1 March 20161 March 2016 and 2 December 20162 December 2016.