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Singapore Exchange (“SGX”) today launched a new web page, the “Regulator’s Column”, to communicate its views, comment on listing and governance issues, and highlight emerging regulatory issues. The new web page complements the current communication channels of formal announcements and public consultation papers.
The Regulator’s Column provides an accessible platform for market participants to gain insights into SGX’s perspective on topical regulatory matters. It will also be used to address issues and practices that may pose regulatory concerns.
“SGX is engaging the market participants in order to promote greater awareness of issues, and raise the level of understanding of our regulatory principles and practices,” said Ms Yeo Lian Sim, Senior Executive Vice President, In the inaugural issue of “Regulator’s Column”, SGX explains its intention to extend the minimum issue price of S$0.20 applicable to initial public offerings (IPOs), to reverse takeovers (RTO). This is in the interests of orderly trading in the marketplace and a level playing field among issuers. The Exchange will soon issue a public consultation paper of the proposed S$0.20 minimum issue price for feedback and suggestions.
The “Regulator’s Column” is available and accessible on SGX’s website, www.sgx.com.
