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Independent listings committee gives applicant the go-ahead in first ruling
Published Tue, Apr 5, 2016 · 09:50 PM
Singapore
THE Singapore Exchange's independent Listings Advisory Committee (LAC) has issued its first ruling, giving a listing applicant the green light to proceed despite certain non-compliant bill financing arrangements.
On Nov 17, SGX referred to the LAC the listing application of a Singapore real estate investment trust (Reit) that would own a portfolio of assets in a foreign jurisdiction.
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