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Reprieve on minimum trading price as SGX tweaks calculation method

It also gives 20 Mainboard companies hit by market volatility 6 more months to raise their share price above 20 cents

SGX said it has listened to feedback and is adjusting the method of calculating volume-weighted average share price as well as giving companies hit by January's market volatility time to react.


THE Singapore Exchange (SGX) gave Mainboard-listed companies on the margins of a coming minimum-trading-price rule some wiggle room on Tuesday.

About 20 of these companies will have an additional six months to meet the price requirement in light of January's market...

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