SGX spells out expectations for public Reits

Singapore

SINGAPORE's frontline market regulator has spelled out its expectations for Reits that choose to go public here, after recent negative newsflow on newly-listed Eagle Hospitality Trust sparked a discussion about disclosures and gatekeeping.

In a regulator's column, Singapore Exchange Regulation (SGX RegCo) chief executive Tan Boon Gin stressed that when it comes to compliance with Listing rules, the focus should be on substance rather than just form.