SGX’s new Mainboard Rules for Mineral, Oil and Gas companies

04 Dec 2013

Singapore Exchange Securities Trading Limited (“SGX”) recently announced the introduction of new Mainboard admission rules and continuing listing obligations (the “New Rules”) for mineral, oil and gas (“MOG”) companies. These New Rules came into effect from 27 September 2013.

SGX first issued a consultation paper for the Catalist listing of MOG companies in 2009. The Catalist listing rules for MOG companies were issued thereafter and has taken effect from 1 February 2011. Since then, the SGX has endeavoured to encourage the MOG companies seeking to increase their presence in Asia to list on the SGX Catalist and the investors have become increasingly familiar with the requirements and risks of MOG companies.

To read the update, click here.