Camsing Healthcare placed under SGX-ST watchlist

The company has 36 months to improve its financial performance to avoid delisting.

Camsing Healthcare Limited has announced its placement on the SGX-ST watchlist, effective 3 December, due to pre-tax losses over the past three years and a market capitalisation of less than $40m over the past six months.

The company has 36 months from the effective date to improve its financial performance and meet the exit criteria to avoid delisting. Camsing Healthcare noted that its shares had only resumed trading on 4 July 2024, less than six months ago.

Despite being on the watchlist, the company confirmed that it will continue its normal operations, and the trading of its shares will proceed as usual unless a trading halt or suspension is imposed.

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