Junior MOG firms given a shot at listing on SGX

Singapore

EARLY-stage or junior mineral, oil and gas (MOG) companies will have a shot at a listing on the Singapore Exchange (SGX) from Aug 28, following changes to the Mainboard and Catalist listing rules.

The amendment, which followed a market consultation exercise undertaken by the SGX earlier this year, will reflect how the sector categorises companies based on the stage of development they are at.

A majority of respondents backed the changes.

SGX said in a statement on Monday: "Companies at an earlier stage of development can now list under the framework. The Mainboard will continue to be for businesses that are more mature than those on …