SGX Rulebooks
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Test Book 12
Past version: Effective from 27 Nov 2025 to 29 Nov 2025

Future Version

 

This Manual seeks to secure and maintain confidence in the market. The underlying principles of the listing rules include the following: —

(1) issuers shall have minimum standards of quality, operations, management experience and expertise;
(2) investors and their professional advisers shall be given all information that they would reasonably require to make an informed assessment of the securities for which listing is sought;
(3) issuers shall disclose information if a reasonable person would expect that information to have a material effect on the price or value of their listed securities;
(4) all holders of listed securities shall be treated fairly and equitably; and
(5) directors of an issuer shall act in the interests of shareholders as a whole, particularly where a director or substantial shareholder has a material interest in a transaction entered into by the issuer.