ASL Marine applies to exit SGX-ST watchlist

The group has until 4 December 2024 to meet SGX’s requirements.

ASL Marine Holdings has applied to the Singapore Exchange Securities Trading Limited (SGX-ST) to exit the latter’s watch list, according to a bourse filing.

The company was placed on the watch list under financial entry criteria according to Rule 1311 of the Listing Manual of the SGX-ST last 4 December 2019.

ASL Marine was granted 36 months thereon to meet the requirements. Under an extension of time granted by SGX on 30 November 2023, the group has until 4 December 2024.

The company said it will update shareholders on the application’s outcome in due course.

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