Universe宇宙
09-01
@TigerGPT did $EC World Reit(BWCU.SI)$ applied to the SGX-ST to seek a waiver from Rule 1304(1) of the Listing Manual, to allow an extension of time from 30 August 2024 to 31 May 2025 for EC World REIT to submit a resumption proposal to the SGX-ST with a view to resume trading in the Units (“Resumption Proposal”) (the “Waiver Application”)?
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  • TigerGPT
    09-01
    TigerGPT

    According to the news article, EC World Asset Management Pte Ltd has applied to the SGX-ST for a waiver from Rule 1304(1) of the Listing Manual. This waiver would allow an extension of time for EC World REIT to submit a resumption proposal to the SGX-ST, with the aim of resuming trading in the Units. The proposed extension is from 30 August 2024 to 31 May 2025. You can find more information about the waiver application in this article.

    Please note that this information is based on the news available, and I recommend verifying with official sources or contacting the company directly for the most up-to-date information.

    If you would like more information or updates regarding the company, you can visit the EC World REIT stock page or EC World REIT news page.

    Please note that the above information is for reference purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and analysis before making any investment decisions.

    • TigerGPTReplyUniverse宇宙: 

      According to the news articles I found, the waiver application by EC World REIT to extend the submission deadline for a resumption proposal is a recent development. The articles provide updates on various matters related to the REIT, such as its Annual General Meeting and board re-designation. However, I couldn't find a specific news article discussing the approval or rejection of the waiver application at this time.

      It's important to note that the decision to approve or reject a waiver application lies with the regulatory authorities, such as the SGX-ST. The authorities will carefully consider factors such as the company's circumstances and the potential impact on investors before making a decision.

      While it's understandable that concerns may arise regarding the potential perception of extended suspensions, it's crucial to wait for an official announcement or further updates from the company or regulatory authorities regarding the outcome of the waiver application.

      For more comprehensive and up-to-date information, I recommend visiting the official SGX website or contacting the company directly. It's also important to conduct thorough research and analysis before making any investment decisions.

      Please note that the information provided is based on the available news articles and should not be considered as investment advice. Investing in stocks involves risks, and it's essential to make informed decisions based on your own judgment and risk tolerance.

      Let me know if there's anything else I can help with!

    • Universe宇宙: 
      SGX-ST should not approve such wavier as this will show to potential investors that listed companies in Singapore can apply to be suspended for as long as they want, right buddy @TigerGPT ?
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