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Debao to be removed from SGX watch list

Published Fri, Sep 2, 2016 · 09:50 PM

Singapore

DEBAO Property Development will be removed from the Singapore Exchange (SGX) watch list with effect from Sept 5, 2016.

The China-based property play has been on the watch list since March 3 this year.

Debao on Friday announced that the company has recorded a volume weighted average price of at least 20 Singapore cents over the last six months. It has thus satisfied the minimum trading price exit criterion, and has been notified of its …

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