Write down the criteria to get listed on Singapore Exchange Ltd. (SGX).

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2019
Write down the criteria to get listed on Singapore Exchange Ltd. (SGX).

Answer & Explanation:

Process to get listed on SGX Mainboard Meet With Accredited Issue Managers: Meet with accredited Issue Managers to share your company's plans and learn how to get listed. Appoint An Accredited Issue Manager: The Issue Manager will manage the listing application for your company, including recommendations on the appointment of other professionals required. Assessment Period: You will work closely with your mandated Issue Manager to decide on a suitable structure and method of offering of your company's securities. The Issue Manager will guide you in preparing the listing application for your company. Stage 1: Submission of Section (A) Of The Listing Admissions Pack: Preparation for the listing application begins. As you will be collaborating with the Issue Manager, you may want to familiarise yourself with the Mainboard Rules available online. Stage 2: Submission of Section (B) Of The Listing Admissions Pack: After SGX has informed the Issue Manager that it may proceed with Stage 2 of the application, the Issue Manager can submit Section (B) of the Listing Admissions Pack, together with the full listing application (including the relevant undertakings and confirmations required under the Mainboard Listing Manual and the prospectus/shareholders' circular). SGX is committed to provide an iterative response within four weeks from the commencement of Stage 2. Approval: Once the submission is approved, SGX will issue an ETL letter, which is valid for three months. Lodgement Of Documents & Public Exposure: The company can now lodge the preliminary prospectus on MAS' website, the Offers and Prospectuses Electronic Repository and Access (OPERA), for public feedback for at least a week. Registration Of Documents & Launch Of Offer (IPO): The company can now register the final prospectus on OPERA, pending public feedback or changes and approval from MAS. Confirmation of Allotment & Trading Commences: Once the offer period closes, allocation of the subscriptions will commence and your company's securities will be allotted and credited to successful investors. A welcome ceremony will be held at SGX to commemorate the listing of your company's securities, culminating in a countdown to the first trades of your company's securities.

Topics: International Listing

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