SUBSCRIBERS

42 firms granted reprieve from Qualifying Certificate rules since February last year

With further tweaks to the criteria for exemption announced on June 29, some companies not exempted previously are re-applying

Nisha Ramchandani
Published Tue, Aug 3, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    FORTY TWO companies have been exempted from the Qualifying Certificate (QC) regime since the new framework was first introduced in February last year, while the latest refinements to the criteria for exemption could allow for some additional firms to qualify as well.

    Companies exempted (as at June 28, 2021) include listed developers such as CapitaLand, Oxley Holdings, Roxy-Pacific Holdings, Heeton Holdings and Koh Brothers.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.