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Minimum trading price seen working against share issuers, investors

Meeting the requirement may turn out to be distracting and costly for firms, and may result in odd lots for retail investors

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The Singapore Exchange's (SGX) new minimum trading price (MTP) rule could prove to be more bane than boon for both issuers and investors, analysts say, adding that many firms may be shying from a share consolidation for the moment because of uncertainty over whether it will work.

Singapore

THE Singapore Exchange's (SGX) new minimum trading price (MTP) rule could prove to be more bane than boon for both issuers and investors, analysts say, adding that many firms may be shying from a share consolidation for the moment because of uncertainty over whether it will work

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