AEM Holdings has on Dec 23 received clearance from the Singapore Exchange Securities Trading (SGX-ST) for the trading of AEM shares in US dollars (USD), in addition to Singapore dollars (SGD), with effect from 9am on Jan 4, 2022.
With the implementation of dual currency trading of AEM’s shares, the company will have a USD counter in addition to its existing SGD counter and investors will be able to buy or sell AEM shares through either counter given the fungibility of shares between the two counters.
Investors will be able to trade in the new USD counter for AEM shares in the same manner as trading for any other counters on the SGX-ST and investors can utilise their existing securities accounts and trading accounts with the Central Depository.
