List of new entrants to watch-list smaller due to revised MTP criteria
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE Singapore Exchange's (SGX's) watch-list for troubled companies has expanded, with 29 fresh entrants and two departures on Monday. Nearly all of the firms newly landed on the watch-list on Monday had failed to meet a minimum trading price (MTP) requirement revised last December.
If the MTP requirement had not been revised to include a market capitalisation criterion, the number of companies that would have had to go on the watch-list would have been even higher, a bourse spokesman said, adding that at least 63 companies would have entered the list under the original MTP criterion before the revision.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
