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mm2 Asia obtains approval in-principle for transfer to SGX Mainboard

Samantha Chiew Published on Wed, Jun 21, 2017 / 12:37 PM GMT+8

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SINGAPORE (June 21): mm2 Asia announced Wednesday that it has obtained the approval in-principle from Singapore Exchange (SGX) to transfer the company’s listing from the Catalist Board to the SGX Mainboard.

However, mm2 highlights that the proposed transfer is “dependent on and subject to requisite approvals from the relevant regulatory authorities, compliance with the Catalist Rules, and the then-prevailing market conditions.”

Further, mm2 says it may decide not to proceed with the proposed transfer if the group’s directors deem it to be against the interests of the company.