Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

SGX: Prolonged Suspension Not In Interest Of Shareholders And Market

Date 27/08/2008

SGX sets out its position on why further extensions may not be granted to long-suspended companies. A company should keep its suspension to the shortest period possible in the interests of shareholders. The longer a suspension, the more challenging it can be for the company to acquire suitable assets as viable alternatives would have been exhausted.

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