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SGX RegCo removes 'blunt' MTP tool, enhances financial watch-list

Jeffrey Tan
Jeffrey Tan5/11/2020 06:09 PM GMT+08  • 3 min read
SGX RegCo removes 'blunt' MTP tool, enhances financial watch-list
SINGAPORE (May 11): The minimum trading price (MTP) rule, which has been a thorn in the flesh for many companies, will be removed effective June 1, according to the Singapore Exchange Regulation (SGX RegCo).
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SINGAPORE (May 11): The minimum trading price (MTP) rule, which has been a thorn in the flesh for many companies, will be removed effective June 1, according to the Singapore Exchange Regulation (SGX RegCo).

As a result, the MTP watch-list will be removed on the same date.

Mainboard-listed companies – currently on the MTP watch-list – will also no longer be required to satisfy the exit criteria and apply for removal from the list.

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