Börse Singapur

Auszug aus den Börsenusancen

Bitte beachten Sie, dass die angeführten Börsenusancen nur einen Auszug darstellen und sich ändern können. Die vollständigen Börsenusancen liegen direkt bei der Börse auf. Jegliche Haftung unsererseits im Zusammenhang mit den angeführten Börsenusancen ist ausgeschlossen.
 

Allgemeine Informationen
Börsenname Singapore Exchange Ltd. (SGX)
Börsensitzung 9:00 Uhr bis 17:00 Uhr Ortszeit; 02:00 - 10:00 Uhr (MEZ)09:15 Uhr bis 16:20 Uhr Ortszeit
Versammlungsart Parkettbörse (Präsenzbörse)
Börsenart geregelte Finanzbörse
Kursnotiz Stücknotiz (Aktien)
Börsenwährung Singapur-Dollar
Limitarten Betrag
Bestens
Mögliche Limitzusätze -
Mögliche Gültigkeiten bis max. Jahresultimo
Valuta Schlusstag + 3 Werktage

Börsenfeiertage

An folgenden Tagen findet kein Börsenhandel statt. Bitte beachten Sie, dass sich manche Feiertage vom Datum her verschieben können.
 

Datum Feiertag
03. Februar Chinesisches Neujahr
04. Februar Tag nach dem Chinesischen Neujahr
22. April Karfreitag
01. Mai 1. Tag der Arbeit
02. Mai 2. Tag der Arbeit
17. Mai Veska Poya Day
09. August Nationalfeiertag
30. August Hari Raya Puasa
26. Oktober Deepavali Feiertag
26. Dezember 2. Weihnachtsfeiertag

Bitte beachten Sie auch die Orderrichtlinien!

MARKET:
Singapore Exchange Ltd.
2 Shenton Way
#19-00 SGX Centre *1
Singapore 068804
Telephone: 65 6236 8888
Fax: 65 6535 6994

HOURS:
09:00 am to 05:00 pm
Monday to Friday

The Stock Exchange of Singapore (SES) and Singapore International Monetary Exchange (Simex) merged to from Singapore Exchange Ltd eff 12/01/99.

PRICING FREQUENCY:
Bloomberg receives prices for Singapore stocks through a live feed from the stock exchange. Stocks are quoted in the Singapore Dollar currency and foreign currency. The closing price is the last trade.

TRADING SYSTEM:
The SES has a fully computerised trading system called CLOB. This trading system is linked directly to the SES’s computer system. Information is entered into the CLOB and confirmation is sent to brokers immediately. The CLOB maintains an order book for all securities and has a limit price on both the high and low end. Orders are held according to price and then by time priority.

SETTLEMENT & TRANSFER:
Settlement was changed from T+5 to T+3 effecive March 15, 2000. With thee shortening of the settlement period the calculation of the ex-date will also change to fall on the third market day (including the record date) prior to the record date. There is also a cash market that has immediate settlement by 5:00 pm on the date of sale. Since July 1994, all trades are cleared via computer. The address for the Securities Clearing & Computer Services (SCCS) is 20 Cecil Street #05-01/08 The Exchange Singapore 049705.
Phone: 011-65-535-5150 Fax: 011-65-533-2235

DIFFERENT MARKETS:
The SES operates seven markets for the trading of securities and derivatives: Mainboard, SESDAQ, Foreign Board, Stock Options, CLOB International, Single Stock Futures, and Bonds.

COMMISSIONS ON EQUITY SALES:
Brokers collect commissions on the sale of shares on a Fully Negotiable basis.

TYPES OF SECURITIES:
Common and convertible shares, Singapore Depositary Receipts, options, rights, bonds, and warrants are traded on the SES.

TAX IMPLICATIONS FOR THE NON-Singaporean INVESTOR:
Every company which is resident in Singapore is required to deduct tax from the amount of any dividend paid to its shareholders. This rate of tax deduction from dividends will be 22% for dividends paid on or after 1 January 2002.

FEES AND TAXES:
In addition to brokerage fees, the following charges are payable:

- a clearing fee of 0.04% on the value of the contract, subject to maximum of S$600 (except for structured warrants which is at 0.05% of the contract value subject to a cap of S$200)
- prevailing Goods and Services tax (GST) on brokerage and clearing fees.

REPORTING REQUIREMENTS FOR LISTED COMPANIES:
The Stock Exchange of Singapore requires listed companies to disclose all information that may affect share price.

LISTING REQUIREMENTS:
To be listed on the Stock Exchange of Singapore a company is required to meet certain criteria set by the SES and approval of an application is matter solely within de discretion of the SES. Besides the qualifications set and also that a Company must be going concern or be the successor of a going concern, emphasis is placed on qualifications such as:

1. the integrity of the management and controlling shareholders.
2. the company’s market position and relative stability and
3. whether there are material conflicts of interests.

GUIDELINES FOR LISTING ON THE MAINBOARD:
A Company applying for listing of its equity securities on the mainboard is, as general, expected to meet the following requirements:

1. It is a paid-up capital of at least $15,000,000.
2. At least $4,000,000 or 25% of the issued and paid-up capital (whichever is the greater) is in the hands of not less than 1,000 shareholders.
3. It should have satisfactory track record.
4. It must have a healthy financial position with no shortfall in working capital. Prior to its listing, all debt owing to the Group by its directors and other companies controlled by the directors and substantial shareholders (with the exception of the issuers’ subsidiary and associated companies) must have been settled. While the surplus arising from the revaluation of plant and equipment can be shown in the books of the issuer, such surplus should not be capitalised or used for calculating its net tangible assets per share.
5. Where there has been recent changes in the management of the issuer, satisfactory evidence that the management as a whole has the requisite expertise would have to be demonstrated. The character and integrity of the directors and management and controlling shareholders of the issuer will be relevant factor for consideration. The issuer’s board should have at least two non-executive directors who are dependent and free of any business or financial connection with the issuer. The Exchange will take into account other factors such as the dept of the issuer’s management and the extent of the non-executive director’s involvement in the issuer’s affairs.
6. A subsidiary company will not normally be considered for listing if its holding company is already listed on the Exchange and its accounts for a substantial portion of the holding company’s average profits.
7. The issuer should give full, accurate and prominent disclosure of the Group’s vulnerability to specific factors or events, e.g. significant dependence on a single supplier or customer, and any attendant risks in both the listing application and the prospectus.
8. The issuer should comply with the requirements in Clause 402 of the Listing Manual.
9. The issuer should not have, as part of its name, words that tend to confuse or are misleading.

GUIDELINES FOR LISTING ON SESDAQ:
Apart from complying with the items 4 to 9 above, companies applying for listing of equity securities on Sesdaq are, as a general rule, expected to meet the following requirements:

1. The company must be incorporated in Singapore
2. A three-year operating record is normally necessary but companies having a shorter record or no operating record may also be considered.
3. At least 500,000 shares or 15% of the issued and paid-up capital (whichever is greater) should at all times be held by public shareholders are not more than 50% of the issued and paid-up capital must normally be held by public shareholders when dealings start.
4. A company must be engaged in a business which is or is expected to be viable profitable, with prospects for future growth and expansion.
5. An applicant whose accounts are materially qualified by auditors will not be acceptable.
6. An applicant whose principal business is in property development or property investment should also comply with the guidelines for property investment/development companies.

GUIDELINES FOR SECONDARY LISTING OF FOREIGN EQUITY SECURITIES:

1. The securities for which a Company is seeking a listing must already be quoted or will be quoted concurrently on another stock exchange of a recognised over-the-counter market.
2. There must be an open market in the securities for which listing is sought. The minimum number of holders of the securities should not be less than 2,000 worldwide.
3. The issuer should have a cumulative consolidated pre-tax profit of at least three years or a minimum pre-tax profit of $20 million for any one of the three years and the consolidated net tangible assets of the issuer should be at least $50 million.

CONTINUING LISTING REQUIREMENTS:
Once listed, a Company must also comply with the continuing listing requirements set by the Exchange which requires a Company to notify the SES of any material fact that may have an impact on investment decisions. The SES also requires a Company to submit documents concerning rights and new issues and also interim and final results.

INDICES:
Share price performance on the SES is measured by many indices. Two widely followed indices are the STI Index and the SESALL Index. The STI Index is a market value weighted index that measures the performance of 45 stocks on the Mainboard & SESDAQ. The SESALL Index is a cap-weighted index comprised of stocks traded in Singapore Dollar on the Mainboard. It consists of over 300 Stocks.

UNRESTRICTED MARKET:
Long: Cash Equity, Swaps
Short: Cash Equity, Swaps

LIMITATIONS:
Short sales are permitted subject to regulations and restrictions. Short seller must cover their positions within the same day or face a buy-in by the SGX. There are no uptick rules applicable in the market.

No foreign ownership rules.

GENERAL INFORMATION:
Origins for trading stocks in Singapore go back to 1930 when the Singapore Stockbrokers Association started. In May 1973 the current name of the Stock Exchange of Singapore Ltd. (SES) was incorporated. The exchange consists of 33 member companies and is supervised by an elected Stock Exchange of Singapore Committee.

SUPERVISORY BODY:
The Monetary Authority of Singapore is the supervisory body. The SGX is mostly a self regulatory organization.

CIRCUIT BREAKERS INFORMATION:
There is no Circuit Breakers applying to SGX.

UP/DOWN PRICE LIMIT:
There is no Up/Down price limit for securities trading on SGX.