SGX Rulebooks
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Suitability for listing depends on many factors. Applicants should appreciate that compliance with the Exchange's listing rules may not in itself ensure an applicant's suitability for listing. The Exchange retains the discretion to accept or reject applications and in reaching its decision will have regard to the general principles outlined in Rule 103.

(1) The Exchange reserves the right to subject a listed issuer's change in principal business to the Exchange's approval if in the Exchange's opinion:—
(a) the integrity of the market may be adversely affected; or
(b) it is in the interests of the public to do so.