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Nikkei Markets

SGX plans to drop minimum trading price rule, saving listings

Bourse operator says it has more effective tools to target share price manipulation

  © Reuters

SINGAPORE (Nikkei Markets) -- The Singapore Exchange plans to scrap a contentious requirement for companies listed on its main board to maintain a minimum share price and market capitalization, a relief for as many as 100 firms that face the likelihood of being delisted.

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