29 September, 2012
Legal News & Analysis – Asia Pacific – Singapore – Capital Markets
Singapore Exchange (“SGX”) reported that it had commenced meetings with market Corporate Finance practitioners and stakeholders including the Association of Banks in Singapore (“ABS”) Corporate Finance Committee in early July 2012 to establish a working committee to review the SGX Listing Manual. This is part of SGX’s continuing efforts to improve the Singapore securities market and keep pace with the developments in corporate governance standards worldwide. SGX revised the listing manual in 2005, 2006, 2009 and 2011. This coming review will take a comprehensive look at the listing manual and dovetails well with SGX’s initiatives to transform the marketplace.
Involving the ABS reflects interest in having the practitioner’s point of view in addressing practical issues and arriving at workable solutions. The recent proposals by the Securities Investors Association Singapore) will be carefully considered as part of the review effort. SGX welcomes proposals from market participants, both professional and the public.
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