Knowledge & Insights

On 11 January 2016, SGX issued a consultation paper titled "Listing Rules Amendments to Align with Changes to the Companies Act" (the "Consultation") which sought to among other things, propose certain amendments to the Listing Rules applicable to both the Mainboard and the Catalist board (referred to respectively as the "Mainboard Rules" and the "Catalist Rules", and collectively, the "Listing Rules") for purposes of alignment with certain provisions of the Companies (Amendment) Act 2014 which amended the Companies Act (Chapter 50 of Singapore) (as amended, the "Companies Act"). The Consultation closed in February 2016.

On 22 March 2017, SGX published its responses to comments received on the Consultation, as well as the finalised amendments to the Listing Rules, which will take effect from 31 March 2017 (the "Listing Rules Amendments").

This update provides an overview of the Listing Rules Amendments with a primary focus on the Mainboard Rules applicable to listed companies (similar amendments were made to the Catalist Rules). For details, please click here to view the specific amendments to the Mainboard Rules, and click here to view the specific amendments to the Catalist Rules. You can also view the SGX news release on the subject here.

If you would like information on this or any other area of law, you may wish to contact the partner at WongPartnership that you normally work with or the following partners:

Annabelle YIP
Joint Head – Corporate Governance & Compliance Practice
d +65 6416 8249
e annabelle.yip@wongpartnership.com
Click here to see Annabelle’s CV.

Vivien YUI
Joint Head – Employment Practice
Partner – Corporate Governance & Compliance Practice
d +65 6416 8009
e vivien.yui@wongpartnership.com
Click here to see Vivien’s CV.

Kevin HO
Partner – Corporate Governance & Compliance Practice
d +65 6416 2555
e kevin.ho@wongpartnership.com
Click here to see Kevin’s CV.