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MTP meant to 'nudge' firms to strengthen fundamentals: SGX

Official says investors also benefit from lower trading costs due to better liquidity and narrower bid-ask spreads
Thursday, May 7, 2015 - 05:50

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Singapore

THE point of imposing a minimum trading price (MTP) of S$0.20 for mainboard-listed stocks is to nudge companies trading below that price level to improve their business fundamentals, Singapore Exchange (SGX) head of listing compliance June Sim said in a phone interview on

sentifi.com

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