While encouraged to consider voluntarily providing regular business updates to shareholders, all other companies are only required to do semi-annual reporting of their unaudited financial statements.
SINGAPORE (Feb 6): Embattled water treatment firm Hyflux and technology company Trek 2000 are among dozens of Singapore-listed companies that have been ordered by the regulatory arm of the Singapore Exchange (SGX) to perform quarterly reporting (QR) of its financial results.
This follows the regulator’s adoption of a risk-based approach to reporting, applying QR requirements only for companies associated with “higher risks”.
