SGX issues new Listing Rules to entice mineral, oil and gas companies to list in Singapore
21 November 2013
The new rules introduced by the Singapore Exchange Securities Trading Limited (SGX) for the listing and continuing listing obligations applicable to companies in the mineral, oil and gas (MOG) sector on the SGX Mainboard came into effect on 27 September 2013. The new rules set the admission criteria applicable to the listing of MOG companies that are not yet in production and introduce continuing listing requirements that cater to the specific characteristics of MOG companies.
The new rules seek to strike a balance between attracting more early-stage MOG companies seeking to extend their presence in Asia Pacific to list on the SGX while, at the same time, safeguarding investors' interests.
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