Amendments to the quarterly reporting and continuous disclosure requirements under the SGX-ST listing rules

06 Feb 2020

The Singapore Exchange Regulation ("SGX RegCo") has announced that the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Rules (Mainboard) and the SGX-ST Listing Rules (Catalist) (collectively, the “Listing Rules”) will be amended with effect from 7 February 2020.

The amendments seek to enhance the disclosure obligations of issuers in relation to areas that are of high investor interest and are part of continuing efforts by the SGX RegCo to safeguard investors’ interests without overburdening issuers with rules and regulations. At the same time, issuers that are in compliance with the Listing Rules and are in a healthy financial position will be able to benefit from an easing of the existing obligation to announce financial statements on a quarterly basis.

The amendments come after extensive public consultations since December 2017 and are expected to improve the attractiveness of the SGX-ST as a listing venue. This legal update provides an overview of the key amendments to the Listing Rules.

Please click here to read more about the update.