Past version: Effective from 01 Mar 2016 to 01 Dec 2016
An issuer on the watch-list may be removed from the watch-list if it satisfies the following requirements, where applicable:—
(1) Financial Exit Criteria
The issuer records consolidated pre-tax profit for the most recently completed financial year (based on the latest full year consolidated audited accounts) and has an average daily market capitalisation of S$40 million or more over the last 6 months.
The issuer records consolidated pre-tax profit for the most recently completed financial year (based on the latest full year consolidated audited accounts) and has an average daily market capitalisation of S$40 million or more over the last 6 months.
(2) MTP Exit Criterion
The issuer will be assessed by the Exchange for removal from the watch-list if it has remained on the watch-list for at least 6 months (this will exclude the time spent on the watch-list due to the Financial Entry Criteria) and records volume-weighted average price of at least S$0.20 over the last 6 months prior to the date of the Exchange's review.
The issuer will be assessed by the Exchange for removal from the watch-list if it has remained on the watch-list for at least 6 months (this will exclude the time spent on the watch-list due to the Financial Entry Criteria) and records volume-weighted average price of at least S$0.20 over the last 6 months prior to the date of the Exchange's review.
Amended on 10 August 201210 August 2012 and 1 March 20161 March 2016.