SGX

SGX: Starting 1 Jul, SGX will double min initial listing fee to $100k, variable rate for an IPO will remain at $100 per $1.0m mkt cap. From 1 Jan' 14, ongoing annual listing fee will be $30 per $1.0m vs $25 current. With minimum charge increasing from $25k to $30k. SGX highlights the new fees take into account "significant developments in the global regulatory environment" since the last revisions, and CEO acknowledged that listing on the mainboard cld now be more expensive than on rival mkts.