You are the Company Secretary of XMP Limited. XMP Limited wanted to get itself listed on the "SGX Main Board". You are asked to list down the quantitative requirements related to listing on the "SGX Main Board".
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2023
You are the Company Secretary of XMP Limited. XMP Limited wanted to get itself listed on the "SGX Main Board". You are asked to list down the quantitative requirements related to listing on the "SGX Main Board".
Answer & Explanation:
Quantitative Requirements related to listing on SGX's Mainboard Companies intending to join SGX's Mainboard must meet one of the following quantitative requirements: Minimum consolidated pre-tax profit of at least S$30 million for the latest financial year with operating track record of at least 3 years; It should be profitable in the latest financial year, and has a market capitalisation of not less than S$150 million based on the issue price and post-invitation issued share capital with operating track record of at least 3 years; or Operating revenue in the latest completed financial year and a market capitalisation of not less than S$300 million based on the issue price and post-invitation issued share capital. Real Estate Investment Trusts and Business Trusts who have met the S$300 million market capitalisation test but do not have historical financial information may apply under this rule if they are able to demonstrate that they will generate operating revenue immediately upon listing.
Topics: Listing Requirements
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