What Is the Singapore Exchange?
The Singapore Exchange (SGX) is the first corporate stock exchange in the Asia-Pacific region to integrate securities and financial derivative products trading. On November 23, 2000, it became the first exchange in the Asia-Pacific region to be listed through public offerings and private placements. SGX stocks are part of benchmark indexes such as the MSCI Singapore Free Index and the Singapore Straits Times Index (STI).
Singapore Exchange
Singapore Exchange was formerly known as
Singapore
1. Minimum public holdings and business records
(1) At least 1,000 shareholders hold 25% of the company's shares, if
Minimum Main Board Listing Standard | | | |
| Standard one | Standard two | Standard three |
profit before tax | S $ 7.5 million over the last three years and at least S $ 1 million per year | S $ 10 million over the past year or two | no |
Market value | no | no | S $ 80 million at listing (based on issue price at listing) |
Equity distribution | 25% of the shares are held by at least 1,000 shareholders (if the market value exceeds S $ 300 million, it can be reduced to a minimum of 10%) | | |
Business record | Three years | no | no |
Management coherence | Three years | One or two years, depending on the situation | no |
Accounting standards | Singapore, U.S. general or internationally accepted accounting principles | | |
Obligation to continue listing | Have | Have | Have |
If listed on an internationally recognized stock exchange at the same time, there is no need to comply with ongoing listing obligations | | | |
GEM (SESDAQ) minimum listing standards | |
profit before tax | None (business is feasible, profitable and developmental) |
Amount of capital | no |
Business record | A company without a business record must demonstrate the ability to obtain funding for project financing and product development, and the project or product must have been fully researched and developed |
Stock market distribution | 15% of shares are held by at least 500 shareholders |
Obligation to continue listing | Have |
If listed on an internationally recognized stock exchange at the same time, there is no need to comply with ongoing listing obligations | |