Brief: Singapore Exchange Ltd Says SGX Regco To Implement New Listing Rules For Global Listing Board
April 30 (Reuters) - Singapore Exchange Ltd SGXL.SI: SGX REGCO TO IMPLEMENT NEW LISTING RULES FOR GLOBAL LISTING BOARD RULES EXPECTED TO BE EFFECTIVE IN MIDDLE OF YEAR NEW LISTING RULES HARMONISE LISTING TIMELINES AND SUBMISSION PROCESSES WITH THOSE OF NASDAQ, OTHERS GLB LISTINGS WILL HAVE TO ACHIEVE A MINIMUM MARKET CAPITALISATION OF S$2 BILLION AT LISTING RETAIL BROKERS ARE EXPECTED TO BE ALLOCATED AT LEAST 5% IN VALUE OF SINGAPORE TRANCHE OR S$50 MILLION, WHICHEVER IS LOWER Further company coverage: SGXL.SI ((Reuters.Briefs@thomsonreuters.com;))
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