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SGX adds market cap test to minimum trading price rules, lengthens review period

14 companies, including Enviro-Hub Holdings, exit watchlist given new rule
Saturday, December 3, 2016 - 05:50

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SGX imposed the controversial MTP requirement in March, triggering a wave of share consolidations among small-caps that would probably have been unable to meet the MTP threshold.

Singapore

SINGAPORE'S bourse operator has added a new S$40 million market capitalisation requirement to its controversial minimum trading price (MTP) framework, and lengthened the review frequency to twice a year.

With these changes taking effect on Friday, 14 companies that do not

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