(Nov 6): Are you unsure whether your company is suitable to be listed on the Singapore Exchange? Are you concerned that your company will be scrutinised closely after the S-chip debacle of the last decade? Want to know what other companies that successfully listed got away with?

As part of its efforts to enhance the whole IPO process, SGX has decided to regularly publish its “listing decisions”, which briefly describe why some companies were not allowed to list as well as how concerns about companies that were approved for listing were addressed. While SGX will not name any company, it offers very specific details in the areas of concern.

“We want to be more transparent in our decision-making when it comes to IPO applications,” says Tan Boon Gin, CEO of SGX’s recently formed, independently run regulatory unit. According to him, SGX is most effective in protecting the investing public at the listing stage. “We have the most control at the point of IPO; that’s when we can really ensure whatever information we get is verified. That’s when we can impose conditions, or even reject [applications],” he says.

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