SGX to tweak listing rules to add breadth of mineral, O&G firms

Singapore

THE Singapore Exchange (SGX) is reviewing the entry requirements to accommodate a wider spectrum of companies in the mineral, oil and gas (MOG) sector which can seek an initial public offer (IPO) in Singapore.

Tan Boon Gin, CEO of SGX Regco, told The Business Times (BT) in a recent interview that the exchange would be refining some of its listing rules.

"We are enhancing disclosures and refining other rules. For example, in the mineral, oil and gas (sector) where we have a set of rules, we will be reviewing those. There will be some relaxation in the rules in that area," Mr Tan said.

The changes will affect the types of MOG companies - defined as those whose prin…