A Mainboard issuer is admitted under the market capitalisation test. What moratorium applies to its promoters' shareholdings?
Guide Table 1.4.5: under the profitability test promoters cannot sell for 6 months; under the market capitalisation test they cannot sell for 6 months and must retain 50% of their shareholdings for the following 6 months. The 12-month-plus-6 pattern applies to Catalist MOG promoters.
Profit test: 6 months. Market-cap test: 6 months plus 50% for 6 more.
Practise more RES 1A SGX Listing Framework & Securities-Specific Rules questions
Exam-style questions with worked answers, then full timed mocks. Free to start.
Build a daily practice habit — a few exam-style questions a day, with worked answers. Free to start.
Start practising →Original study material mapped to the public CMFAS RES 1A syllabus. Unofficial, not endorsed by MAS or IBF. Verify figures and rules against current guidance before relying on them.