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Listing on SGX-Main Board
Quantitative Criteria
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Alternative 1
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Alternative 2
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Alternative 3
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| Pre-Tax Profits |
Cumulative pre-tax profit of at least S$7.5 million over the last three consecutive years, with a pre-tax profit of at least S$1 million in each of those three years. |
Cumulative pre-tax profit of at least S$10 million for the latest one or two years.
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NA
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| Market Capitalisation |
NA
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NA
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Market capitalisation of at least S$80 million at the time of the IPO, based on the issue price.
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| Shareholding Spread |
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| Operating Track Record |
3 years
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NA
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NA
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| Continuity of Management |
3 years
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One or two years as the case may be.
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NA
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| Accounting Standard |
Singapore, US or International Accounting Standards.
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| Continuing Listing Obligations |
Yes
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Yes
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Yes
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No need to comply with continuing listing obligations if listed on another recognised foreign stock exchange.
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Qualitative Criteria
Apart from quantitative listing requirements, all listing applications will also have to address issues relating to, amongst others:
- Healthy financial position having regard to whether the Group has a positive cashflow from operating activities.
- Prior to listing, all debt owing to group by its directors and other companies controlled by the directors and substantial shareholders (with the exception of issuer's subsidiaries and associated companies) must have been settled.
- Quality of management.
- Character and integrity of directors, management and controlling shareholders.
- No chain listing.
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