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MTP will lower liquidity, raise listing cost: SMCCA

Small & mid-cap companies association says proposed rule will add 'no meaningful value' to capital markets

Implementing MTP, however, will increase issuers' cost of listing on SGX and also confuse shareholders and investors especially if companies choose to consolidate shares - PHOTO: SPH


SINGAPORE'S Small and Middle Capitalisation Companies Association (SMCCA) believes that Singapore Exchange's (SGX's) proposed adoption of a Minimum Trading Price (MTP) will add "no meaningful value to the capital markets" but instead reduce liquidity and add to listing cost....

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