The consultation paper reviews recommendations set out by the Company Legislation and Regulatory Framework Committee ("CLRFC") and proposes amendments to the listing rules to support them.
In addition, the consultation paper covers other areas, including requirements for initial public offering and reverse takeovers, format for reporting of quarterly results, and the mandate for interested person transactions.
The proposed changes are based mainly on feedback from market participants, and form part of an ongoing review to update the rules to reflect market practices and regulatory changes.
The consultation paper will be available HERE from 11 July 2003 onwards. Market participants and members of the public can forward their feedback and suggestions on the proposed changes between now and 1 August 2003 via:
Issuer Regulation Department,
Risk Management and Regulation Division
Singapore Exchange Limited
2 Shenton Way
#19-00 SGX Centre 1
Singapore 068804
