Singapore Exchange Ltd To Post Written Queries To Listed Companies On MASNET

Singapore Exchange Ltd (SGX) today announced that with effect from 1 November 2002, all written queries issued by the Exchange on unusual price and/or volume activities will be posted on MASNET by the Exchange, immediately after they are issued to SGX-listed companies.

Procedures to be undertaken by the Exchange's Surveillance and Enforcement ("MSE") department and the listed companies in relation to the issuance of and response to a written query can be found in Practice Note 7.2 - "Queries Regarding Unusual Trading Activity", which was issued today.

Practice Note 7.2 also details the role of the MSE department and the operational procedures employed when an issuer is queried regarding the trading that has taken place in its securities.