SGX adds 12 mainboard companies to watch-list, removes one
Singapore
THE Singapore Exchange (SGX) has added 12 mainboard-listed companies to its watch-list for potential delisting, and removed one company on June 5 following a mid-year review.
The bourse operator placed BM Mobility, China Great Land Holdings, CosmoSteel Holdings, KS Energy, and Plastoform Holdings on the watch-list for recording pre-tax losses for the three most recently completed consecutive financial years, and for having a six-month average daily market cap below S$40 million (financial criteria).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking
H2G Green chief to stand trial on Aug 5 amid MOM probe
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Microsoft adds security chiefs to product groups in wake of hacking woes