SGX to introduce Minimum Trading Price of S$0.20 a share on 2 March 2015 with transitional period of one year
Published time: 2015-04-27
With effect from 2 March 2015, issuers on the Mainboard of the Singapore Exchange Securities Trading Limited (the “SGX Mainboard”) will have to maintain a minimum trading price (“MTP”) of S$0.20 a share. Although the MTP requirement takes effect from 2 March 2015, there is no immediate impact on issuers as they have a one-year transition period ending on 1 March 2016 to comply.