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Oceanus Group has till March 2021 to meet SGX watch list criteria

Felicia Tan
Felicia Tan • 1 min read
Oceanus Group has till March 2021 to meet SGX watch list criteria
With effect of the extension, Oceanus now has till Mar 1, 2021, to meet the financial criteria of exiting the SGX watch list. Failing which, the company will be delisted from SGX, and an exit offer will be provided to the company’s shareholders.
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SINGAPORE (June 15): Seafood supply chain manager Oceanus Group has been granted an extension to exit the Singapore Exchange’s (SGX) watch list.

With effect of the extension, Oceanus now has till Mar 1, 2021, to meet the financial criteria of exiting the SGX watch list. Failing which, the company will be delisted from SGX, and an exit offer will be provided to the company’s shareholders.

Previously, Oceanus had until June 30 to meet the financial exit criteria.

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