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Singapore Exchange (SGX) is revising annual listing fees for Mainboard companies from 1 January 2014. The fees for new and additional listing of securities[1] on Mainboard will be revised from 1 July 2013.
Since the last revision of listing fees in 2006[2], there have been significant developments in the global regulatory environment. The fee revision reflects the extensive resources channelled into improving the fund-raising, trading and risk management systems and processes for the benefit of listed companies and investors. The fee revision also takes into account SGX’s continued efforts to remain at the forefront of global standards, ensuring that SGX remains a better and more competitive exchange for our stakeholders.
Current and Revised Fees for SGX Mainboard:
|
Fee Type |
Existing Fees |
Revised Fees |
|
|
Initial
Effective from 1.7.2013 |
Minimum |
$50,000 |
$100,000 |
| Variable Rate |
$100 per $1 million market capitalisation |
$100 per $1 million market capitalisation |
|
| Maximum |
$200,000 |
$200,000 |
|
|
Annual
Effective from 1.1.2014 |
Minimum |
$25,000 |
$35,000 |
| Variable Rate |
$25 per $1 million market capitalisation |
$30 per $1 million market capitalisation |
|
| Maximum |
$100,000 |
$150,000 |
|
|
Additional
Effective from 1.7.2013
|
Minimum |
$5,000 |
$30,000 |
| Variable Rate |
$100 per $1 million market capitalisation |
$100 per $1 million market capitalisation |
|
| Maximum |
$100,000 |
$200,000 |
|
[1] The revised listing fees apply to equity securities (including preference shares), convertible equity securities, and other securities, but not debt securities.
[2] The fee for additional listing of equity securities has been unchanged since 1999.
