Avi-Tech Electronics placed on SGX watch-list
AVI-TECH Electronics has been added to the watch-list of Singapore Exchange (SGX) after it posted losses for the past three consecutive years.
With effect from Wednesday, the semiconductor solutions provider has two years to apply for removal from the watch-list or risk being delisted from SGX.
There are various ways for a company on the watch-list to apply for removal. One way is to achieve pre-tax profit for the most recent financial year and have an average market value of at least S$40 million over the last 120 market…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag