SGX adds 12 mainboard companies to watch-list, removes one

Singapore

THE Singapore Exchange (SGX) has added 12 mainboard-listed companies to its watch-list for potential delisting, and removed one company on June 5 following a mid-year review.

The bourse operator placed BM Mobility, China Great Land Holdings, CosmoSteel Holdings, KS Energy, and Plastoform Holdings on the watch-list for recording pre-tax losses for the three most recently completed consecutive financial years, and for having a six-month average daily market cap below S$40 million (financial criteria).