Putting loss making companies on the watch list is just a warning to them that they must buck up their socks.  Believe many couldn't be bothered CEOs are indifferent to passive wornings.  I also understand that even a delisted company on the ground of consecutive years of losses can make a comeback IPO after they do some renovations to their business.  Beautifying the superficial aspects but not the structural aspects will again result in failure.

Many SGX IPOs fell in prices against their issued price at the first few days of trading which reflect on the difference of opinions between the exchange authorities and the market view which does not bode well investment-wise, and this surely gives rise to suspicion of "wrong doing" somewhere or somehow.  Investors desire a sense of credibility in our system and I feel if this sort of situations prevailing will hurt our long term prospects for attracting investments from global retailers.  We need a strong market and a impeachable reputation.  Cheers.

From CNA website...

SINGAPORE: Six companies have been added to the SGX watch-list for failing to meet criteria for continued listing on the stock exchange.

They have 24 months to meet requirements or face delisting, and will be reviewed quarterly by the SGX.

Creative Master Bermuda, AEM Holdings, Sinobest Technology, Lankom Electronics, JEL Corporations Holdings and Plastoform Holdings, were added to the list on Tuesday.

Upon review, six companies previously on the watch list have also been served delisting notices for failing to meet listing requirements.

They are ASA Group Holdings, Chinasing Investment, Chuan Soon Huat Industrial Group, Fastech Synergy, General Magnetics and Ionics EMS.

To make an exit from the "Watch-List", the companies must either report a pre-tax profit, or have a minimum market capitalisation of S$40 million.