“Being on the watch-list has brought about more harm than good for most companies. It’s one of the worst tools that SGX has come up with thus far,” Yap tells The Edge Singapore.
SINGAPORE (Nov 28): Kenny Yap, CEO of ornamental fish service provider Qian Hu Corporation, is all ready to pop the champagne.
Singapore Exchange Regulation (SGX RegCo) on Thursday proposed to scrap the minimum trading price (MTP) rule. This could mean that Qian Hu, along with some 105 companies on the SGX, could be taken off the dreaded MTP watch-list.
