2 March 2010 - Following the extension announcement on 10 February 2010, Singapore Exchange (“SGX”) has reviewed and granted a 12-month extension to RH Petrogas Ltd and Unified Communications Holdings Ltd to improve their financial performance and meet the requirements to exit from the Watch-List. These two companies have satisfied either one of the two criteria, namely report a pre-tax profit, or have a minimum market capitalisation of S$40 million.
Upon review, the Watch-List companies that have been served notifications of delisting are:
- ASA Group Holdings Ltd
- Chinasing Investment Holdings Ltd
- Chuan Soon Huat Industrial Group Ltd
- Fastech Synergy Ltd
- General Magnetics Ltd
- Ionics EMS Inc
The following companies have been added to the Watch-List :-
- Creative Master Bermuda Limited
- AEM Holdings Ltd
- Sinobest Technology Holdings Limited
- Lankom Electronics Limited
- JEL Corporations Holdings Limited
- Plastoform Holdings Limited
Please refer to the weblink for update and details :
http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/watchlist
