SGX Exchange Regulation (SGX RegCo)

SGX RegCo’s request for updates came a day after Howard Wu and Taylor Woods confirmed their resignations from EHT’s board as chairman and vice chairman.

The company is engaging legal help to see if there’s any civil action that can be taken against all wrongdoers indicated so in the special audit.

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).

Healthcare companies are now in the spotlight as the Covid-19 pandemic continues. Listed companies such as Biolidics and Q&M Dental Group have announced their intention to produce Covid-19 test kits. And markets have reacted accordingly.

SINGAPORE (April 22): Selected companies will be automatically granted an extension period to issue their unaudited full-year financial statements, according to the Singapore Exchange Regulation (SGX RegCo).

Broad-stroke explanations pinned on a decline in general economic activity to explain away their outlook would be deemed inadequate and of little utility to their shareholders.

“EHT is not for the faint of heart. If you're a conservative investor, stick to quality REITs, and sell or avoid EHT,” says an investor who has pared his stake in the REIT from 28,000 units in December to 100 units now.

SGX RegCo notes that this is second query issued to Broadway Industrial in the past four months.

The stock market regulator warns that companies are likely to face liquidity crunch as this time as banks are tightening credit.

In particular, SGX-listed companies with a financial year-end (FY-end) on or before March 31, 2020, now have an additional 60 days to hold their AGMs.