Why are companies delisting from SGX?

[CityFarmer]

Hi buddies,

Just curious as to why so many companies de-listing from SGX.

Are their charges or reporting requirement really costing them that much?
Almost all companies that de-list, stated that as the reason.

Is that true or is it just a convenient excuse?

Should shareholders be concern if this trend continues??

The fees are not cheap, especially for small/medium cap counters. There are various fees needed
- initial listing fee, and additional listing fees, which are one-time
- annual listing fee, and processing fees, which are recurrence.

On top of that, there are compliance expenses needed e.g. AGM, additional audit requirements etc.

The detail of the fees are in SGX website

http://www.sgx.com/wps/portal/sgxweb/hom...sting_fees