SGX finetunes MTP requirements; reprieve for some
- Suspended its minimum trading price (MTP) rule possibly due to backlash
- SGX intends to add a market capitalisation criterion to MTP requirement, currently: six-month volume-weighted share price must fall below $0.20
- Notable companies already on the MTP list and would pass the new market cap requirement: China New Town Development, Chiwayland, Fu Yu, Rowsley
- Companies previously granted an extension to attain the previous MTP and would pass the new market cap requirement: Addvalue Tech, CDW, Geo Energy, ISR Capital, Nordic
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