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Cacola Furniture International, Compact Metal Industries
MAINBOARD-listed Cacola Furniture International and Compact Metal Industries are facing delisting after the Singapore Exchange (SGX) denied their requests for extra time to exit the watch-list.
Both companies are appealing. They were added to the watch-list after posting three straight years of losses with average daily market capitalisation of less than S$40 million over the last six months. They have to post at least one profitable year and also have an average daily market capitalisation of S$40 million or more over the last six months.
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