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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 Wed, Aug 4, 2021 · 05:50 AM

Singapore property

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.