Different paths for watch-list firms that seek Catalist transfer

Singapore

THE Singapore Exchange (SGX) on Monday sketched out the different paths for mainboard companies that are seeking to transfer to the Catalist board - including those to be placed on the watch-list because they do not meet the minimum trading price (MTP) requirement.

The steps taken by firms that have trouble lifting its average trading share price above 20 Singapore cents (on a volume-weighted basis over six months) will vary from those singled out in part for sustained fiscal losses.