SGX Rulebooks
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Global Listing Board Rules

501

This Chapter sets out the requirements and procedures for listing additional equity securities or adjusting existing capital.

502

The issuer must notify the Exchange of the following corporate actions, and must provide the Exchange with the same notification, including any accompanying documents, at the same time that it is provided to Nasdaq:

(1) issuance of additional securities of a class already listed on the Exchange, including securities arising from the exercise or conversion of convertible securities, employee share option schemes, or scrip dividend schemes; and

(2) adjustment of the number of existing securities in a class already listed on the Exchange, including stock splits and reverse stock splits.

503

An application by an issuer for the listing of an additional class of securities must comply with the following:

(1) it must submit to the Exchange a copy of the listing application and any accompanying documents that have been submitted to Nasdaq; and

(2) it must inform the Exchange of the decision of Nasdaq, if any.

504

Current version: Effective from 29 Jun 2026 to 03 Jan 2027

(1) If there are any changes to the furnished information under Rules 502 or 503, including any change of listing date of the additional securities or the date of adjustment of the number of existing securities, the issuer must promptly inform the Exchange of such changes.

(2) The Exchange will ordinarily list or adjust the number of the securities at or around the same time they are listed or adjusted on Nasdaq, but retains absolute discretion to determine the timing of such listing or adjustment as it considers appropriate.

(3) Unless the Exchange prescribes otherwise, additional equity securities of an issuer may only be listed on the Exchange if such equity securities, or, if applicable, the underlying shares or sponsored ADRs related to such securities, are listed on Nasdaq and are eligible for trading on a U.S. national securities exchange, whether through registration with the SEC or otherwise.

505

Future Version: Effective from 04 Jan 2027

An offer information statement must include, on the front cover, statements that: 

(1) the Exchange assumes no responsibility for the correctness of any of the statements or opinions made or reports contained in the offer information statement;

(2) acceptance of applications will be conditional upon issue of the securities and upon listing of the issued securities of the issuer. Monies paid in respect of any application accepted will be returned if the listing of the securities does not proceed; and

(3) the approval in-principle granted by SGX-ST is not to be taken as an indication of the merits of the issue, the issuer, its subsidiaries or the securities, and does not imply that the requirements under the Exchange's listing rules have been complied with.

Added on 4 January 2027.

506

Future Version: Effective from 04 Jan 2027

The Authority has, pursuant to section 320(1) of the SFA, appointed SGX RegCo as an assistant for the purpose of exercising or performing the powers, functions and duties under the SFA relating to the acceptance of lodgement of offer information statements by a corporation or a business trust who is admitted to the Official List. Issuers are required to comply with the processes and requirements for lodgements or submissions of documents as published by SGX RegCo.

Added on 4 January 2027.