SGX: Firms in material talks should monitor share trading activity
Exchange gives disclosure pointers, says it will act when trading indicates market misconduct
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Singapore
WHILE a company is involved in confidential and material discussions, it must track the trading of its stock, said Tan Boon Gin, chief regulatory officer of the Singapore Exchange (SGX).
And if the SGX is investigating suspected insider trading, it will likely refrain from communication, especially when material information has already been disclosed, he added.
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