As of last count, there were 28 companies in the watch-list.
Nonetheless, as consulted, SGX RegCo will require that issuers disclose their third and subsequent consecutive financial year of losses.
Addvalue has been placed on the financial watch-list since Dec 5, 2023. It subsequently achieved consecutive profitability in FY2024 and FY2024 and says that without the RegCo’s announcement, it would have fulfilled the criteria of a watch-list exit by its own merits by the end of the six month review period on Dec 1, 2025.
Shares in Addvalue Technologies closed 0.2 cents lower or 4.762% down at 4 cents on Oct 30.
