Looks like the next step for the company as we know it will be...

Looks like the next step for the company as we know it will be to be chucked from the mainboard on the SGX

In short

The Singapore Exchange's (SGX) contentious new rule setting a minimum trading price (MTP) of 20 cents for mainboard-listed companies is on the books from today.

Even though this was flagged last August, few affected firms - with share prices under 20 cents - appear to have taken steps so far to address their position.

But they have a year's grace - until March 1, 2016 - to get their six-month average share price above 20 cents.

www.straitstimes.com/business/companies-markets/sgx-minimum-trading-price-rule-kicks-in