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SGX RegCo investigating Magnus Energy disposal

It's looking into possible breaches of the Catalist rules after Magnus' sale of interest in firm

As the disposal involved negative relative figures under Catalist rule 1006, Magnus Energy should have consulted SGX RegCo.


THE Singapore Exchange's regulatory arm (SGX RegCo) on Friday notified Catalist-listed Magnus Energy Group to put on hold all corporate transactions until its board is fully reconstituted, and said it would investigate a disposal by the firm for possible breaches of the Catalist...

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