In Post Listing Obligations and Considerations, The term material information refers to any documents, facts, figures, or data including the information concerning the Listed Issuer’s property, assets, business, financial condition and prospects, mergers and acquisitions and dealings with employees.

In Post Listing Obligations and Considerations, The meaning of LIST is Light Industrial Skills Test and other meanings are located at the bottom which takes place within Manual terminology and LIST has 1 different meaning. A non-exhaustive list of situations that require immediate announcements are contained in The Listing Manual.

In Post Listing Obligations and Considerations, The board of directors of the Listed Issuer must provide a “negative assurance” confirmation in the case of an announcement of interim financial statements. On behalf of the board of directors, the confirmation must be signed by two directors.

The term material information refers to any documents, facts, figures, or data that a reasonable investor would consider significant to their decision to buy or sell a security. Material information must be revealed when it arises, even if during trading hours.

In Post Listing Obligations and Considerations, during Periodic Financial Reporting, Immediately after the figures are available a Listed issuer must announce the financial statements for the full financial year.

In Post Listing Obligations and Considerations, A general mandate for the issuance of equity securities can be acquired by ordinary resolution (majority vote) at a general meeting from shareholders. The board of directors shall operate with a duty of care and loyalty, seeking to maximize benefits to the company and its shareholders.

In Post Listing Obligations and Considerations, The general mandate will remain in power until the earlier of the conclusion of the first AGM following the passing of the resolution or its revocation or variation by ordinary resolution of the shareholders in a general meeting.

In Post Listing Obligations and Considerations, Directors, Substantial shareholders, Immediate family members of directors and substantial shareholders, substantial shareholders, related companies, associated companies or sister companies of substantial shareholders require the Specific shareholders’ approval for Placements.

In Post Listing Obligations and Considerations, Specific shareholders’ approval for Placements to substantial shareholders is not required in the following conditions:-

(a) The Placement is made through an independent process such as book-building.
(b) The Placement is made to more than one placee.
(c) The proportion of issued shares held by such substantial shareholder immediately after the Placement is not more than the proportion of issued shares held by it immediately before the Placement.

“Notifiable Transactions” are transactions which, as a result of their size, require specific disclosure to, or approval by, a listed issuer’s shareholders. The transaction is classified as a non-disclosable unless Rule 703, 905 or 1009 of the Listing Manual applies when no announcement of the transaction is required.

In Post Listing Obligations and Considerations, An annual report is a comprehensive report on a company’s activities throughout the preceding year. A Listed Issuer has to send its annual report to its shareholders and SGX-ST at least 14 days before its AGM.

In Post Listing Obligations and Considerations, A person is said to be a Substantial Shareholder if he has direct or deemed interest in 5% or more of the voting shares in the Listed Corporation, excluding treasury shares (“Substantial Shareholding”, and such person, a “Substantial Shareholder”).

In Post Listing Obligations and Considerations, A person is said to be a Substantial Unitholder if he has direct or deemed interest in 5% or more of the voting units in the Listed Business Trust (“Substantial Unitholding”, and such person, a “Substantial Unitholder”).

In Post Listing Obligations and Considerations, A person is said to be a Substantial Shareholder if he has direct or deemed interest in 5% or more of the voting shares in the Listed Corporation, excluding treasury shares (“Substantial Shareholding”, and such person, a “Substantial Shareholder”).

In Post Listing Obligations and Considerations, A person is said to be a Substantial Unitholder if he has direct or deemed interest in 5% or more of the voting units in the Listed Business Trust (“Substantial Unitholding”, and such person, a “Substantial Unitholder”).

In Post Listing Obligations and Considerations, The person who, irrespective of his corporate title, is principally responsible for the management and conduct of the business of a corporation is the CEO of Listed Corporation.

In Post Listing Obligations and Considerations, The person who, irrespective of his corporate title, is principally responsible for the management and conduct of the business of a corporation is the Chief executive Officer (CEO) of Listed Corporation.

In Post Listing Obligations and Considerations, The person, who has to notify the trustee-manager of his own and his family members’ interests in a Listed Business Trust is a director or Chief executive Officer (CEO) of a trustee-manager of a Listed Business Trust.

In the Overview of Singapore Code on Take-overs and Mergers, The Take-over Code is applicable to both take-overs and mergers. It can also be applied to Corporations with a primary listing of their equity securities, Business trusts with a primary listing of their units and Real estate investment trusts with a primary listing of their units in Singapore. The Take-over Code is cannot be applied to take-overs or mergers of other unlisted public companies and unlisted business trusts, or private companies.

In the Overview of Singapore Code on Take-overs and Mergers, SGX-ST will have to generally suspend trading in the Listed Issuer’s securities under Rule 1018 of the Mainboard Listing Manual and Rule 1017 of the Catalist Listing Manual (“Rule 1018/1017”). This suspension will remain in the process until the Listed Issuer has a business that satisfies SGX-ST’s requirements for a new listing and has made all relevant disclosures.

In the Overview of Singapore Code on Take-overs and Mergers, From the time the Listed Issuer becomes a cash company, If it is unable to meet the requirements for a new listing within 12 months, SGX-ST will delist the Listed Issuer. No further extension will be granted and the Listed Issuer will be delisted if the Listed Issuer is unable to meet its milestones or complete the relevant acquisition despite the time extension granted.

In the Overview of Singapore Code on Take-overs and Mergers, From the time the Listed Issuer becomes a cash company, If it is unable to meet the requirements for a new listing within 12 months, SGX-ST will delist the Listed Issuer. No further extension will be granted and the Listed Issuer will be delisted if the Listed Issuer is unable to meet its milestones or complete the relevant acquisition despite the time extension granted.

In the Overview of Singapore Code on Take-overs and Mergers, MAS issues The Singapore Code on Take-over and Mergers (the “Take-over Code”). The Take-over Code is non-statutory in that it does not have the force of law. Fair and equal treatment of all shareholders in a take-over or merger situation is the primary objective of The Take-over Code.

In the Overview of Singapore Code on Take-overs and Mergers, MAS issues The Singapore Code on Take-over and Mergers (the “Take-over Code”). The Take-over Code is non-statutory in that it does not have the force of law. All the matter, such as The Take-over Code is not concerned with the financial or commercial advantages or disadvantages of a takeover or merger, are decided by the company and its shareholders.

In the Overview of Singapore Code on Take-overs and Mergers, The Take-over Code is applicable to both take-overs and mergers. It can also be applied to Corporations with a primary listing of their equity securities, Business trusts with a primary listing of their units and Real estate investment trusts with a primary listing of their units in Singapore.

In the Overview of Singapore Code on Take-overs and Mergers, In Overview of Singapore Code on Take-overs and Mergers, The Take-over Code is applicable to both take-overs and mergers. It can also be applied to Corporations with a primary listing of their equity securities, Business trusts with a primary listing of their units and Real estate investment trusts with a primary listing of their units in Singapore. Three types of offers, which the Take-over Code covers, are mandatory offers, voluntary offers and partial offers.

In the Overview of Singapore Code on Take-overs and Mergers, The take-over offer, for the voting shares of a company made by a person when he has not incurred an obligation to make a general offer for the company under Rule 14.1 of the Take-over Code, is called a voluntary offer.

In the Overview of Singapore Code on Take-overs and Mergers, The offers which may, in respect of each class of share capital involved, be in cash or securities or a combination is Partial offer.

In the Overview of Singapore Code on Take-overs and Mergers, a selective capital reduction is a process of canceling only certain shares out of the entire shareholding. The remaining shareholder will waive any right to a return of capital so capital, or money, will only be paid to the existing shareholders. A selective capital reduction requires the sanction of the High Court and approval of 75% of the members of the target company.

In the Overview of Singapore Code on Take-overs and Mergers, Financial services laws prohibit false trading and market rigging transactions and aim to maintain the integrity of the share market. False trading and market rigging can be explained as the use of artificial means or methods to influence the price of any securities or to cause volatility without a real basis in the market instead of letting natural market forces prevail.