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Legal Developments worldwide

REGULATION UPDATE: CATALIST TRANSITION MEASURES

August 2009 - Litigation & Dispute Resolution. Legal Developments by Drew & Napier LLC .

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The Singapore Exchange Limited (the “SGX”) has announced two measures to assist companies listed on Catalist which have yet to appoint a sponsor (“Catalist-NS companies”). The measures are intended to provide financial assistance and time extension to Catalist-NS companies in light of the current challenging economic climate.

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