16-07-2021, 03:25 PM
(16-07-2021, 02:25 PM)RC22SG Wrote: Probably my thinking was one step ahead. When the trading is suspended to me it is effectively a private company even though I can still see their reporting.
Hi RC22SG,
I think we have to get the definitions clear first before I engage you further. Feel free to disagree with me, because I engage based on facts and definitions in order not to confuse other forumers.
A stock that is suspended but listed on SGX is not a private company. It is still a listed company and will have to abide by listing rules on SGX Listing Manual.
A stock that had been delisted from SGX with public shareholders is an unlisted public company.
In both instances, these are not private companies.