Sevak stuck on SGX watch-list until June

Singapore

IT solutions company Sevak will stay on the Singapore Exchange's (SGX) watch-list until at least June 2019, after the market regulator deferred its review of the company's application to exit the list.

Meanwhile, SGX has granted Sevak a three-month extension on the original March 31, 2019 deadline for it to cure its watch-list status. It will not be forced to delist while the review is being deferred.