Mainboard-listed companies – currently on the MTP watch-list – will also no longer be required to satisfy the exit criteria and apply for removal from the list.
SINGAPORE (May 11): The minimum trading price (MTP) rule, which has been a thorn in the flesh for many companies, will be removed effective June 1, according to the Singapore Exchange Regulation (SGX RegCo).
As a result, the MTP watch-list will be removed on the same date.
