SMI Vantage to Be Delisted From SGX
SMI Vantage to Be Delisted From SGX
On 1 August, SMI Vantage received a delisting notice from SGX-ST after it failed to demonstrate that it would be able to exit the watchlist by 31 July 2025. The company has been on the SGX watchlist since 4 December 2019.
公司自2019年12月4日起被列入SGX自选名单。
The Singapore Exchange Securities Trading (SGX-ST) has rejected SMI Vantage's application for an additional extension to fulfill the requirements for removal from the watchlist.
新加坡证券交易所（SGX-ST）拒绝SMI Vantage的申请，要求其进一步延长时间以满足撤销名单的要求。
This marks the third extension request made by SMI Vantage, following the first and second applications dated 14 September 2022 and 30 June 2023, respectively.
这是SMI Vantage提出的第三个延期申请，分别于2022年9月14日和2023年6月30日提交第一和第二个申请。
On 1 August, SMI Vantage received a delisting notice from SGX-ST after it failed to demonstrate that it would be able to exit the watchlist by 31 July 2025.
2021年8月1日，在未能证明能够在2025年7月31日前退出自选名单之后，SMI Vantage收到了SGX-ST的摘牌通知。
Initially, SGX-ST required SMI Vantage to fulfill the requirements within 36 months from 4 December 2019 or by 2 December 2022.
最初，SGX-ST要求SMI Vantage在2019年12月4日起的36个月内或2022年12月2日前满足条件。
In addition, SGX-ST said that the company's continuing net loss position after it was placed on the watchlist, as well as its low and decreasing market capitalisation which was at $S13.86m as of 30 July, prompted its decision to delist the company pursuant to Listing Rule 1315.
此外，SGX-ST表示，公司被列入自选名单后持续的净亏损状况以及其市值低且不断下滑，截至7月30日仅为1386万新元，促使其根据上市规则1315条款决定摘牌。