The change in initial listing, processing and annual listing fees will take effect from 1 January 2006. This will apply to all companies seeking a listing or already listed on the Mainboard, and to SESDAQ-listed companies with a market capitalisation of at least S$50 million. The increase in annual listing fees will be phased in during 2006. In 2006, listed companies will be granted a 50% rebate on the annual fee increase. Thereafter, the new fees apply in full.
SGX is mindful of its role in market development for our smaller enterprises. As such, there will not be a revision in annual listing fees for SESDAQ-listed companies with a market capitalisation of less than S$50 million.
The revised fee structure serves to better reflect the value of a listing on SGX. This will also bring SGX’s pricing in line with other international exchanges, and remains competitive for companies seeking to raise capital in a premier listing venue. In considering the fee revision, we have also taken into account the cost impact to listed companies. The revised fees remain small in relation to the total cost of a public listing, and the operating expenses of a listed company.
Click here for full details.