Corporate digest
Add BT as a preferred sourceAEI Corp
AEI Corp has flagged that it could be placed on the Singapore Exchange's (SGX) watch-list. In a filing to the SGX on Friday, it noted that it has recorded pre-tax losses for the three most recently completed consecutive financial years. Meanwhile, its six-month average daily market cap as at May 24 was S$36.98 million.
According to the listing rules, the SGX will place an issuer on the watch-list if it records pre-tax losses for the three most recently completed consecutive financial years; and has an average daily market cap of less than S$40 million over the last six months.
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