Corporate digest

Singapore Kitchen Equipment

THE Catalist-listed firm has unsuccessfully appealed the Hong Kong Exchange's decision to reject its dual-listing application on the bourse's Growth Enterprise Market (GEM) board. The GEM Listing Committee had considered submissions made by Singapore Kitchen Equipment and GEM Listing Approval Group (GLAG), and informed the Singapore company on July 22 that it had decided to uphold GLAG's decision on the grounds that it had "failed to demonstrate its commercial rationale for listing and genuine funding needs".

Sembcorp Industries