According to the company, the reasons for seeking the waiver include its improved financial performance for the FY2023 ended March 31 as well as its efforts to expand its existing business streams outside of its current businesses among other factors.
The Singapore Exchange (SGX:S68
) Securities Trading Limited (SGX-ST) has informed SMI Vantage that it has no objections to the latter’s application for a further extension of time to comply with the listing rules.
SMI Vantage now has till July 31, 2024 to comply with the rules to exit the SGX’s watch-list.
