SUBSCRIBERS

Independent listings committee gives applicant the go-ahead in first ruling

Published Tue, Apr 5, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

THE Singapore Exchange's independent Listings Advisory Committee (LAC) has issued its first ruling, giving a listing applicant the green light to proceed despite certain non-compliant bill financing arrangements.

On Nov 17, SGX referred to the LAC the listing application of a Singapore real estate investment trust (Reit) that would own a portfolio of assets in a foreign jurisdiction.

Copyright SPH Media. All rights reserved.