Eneco Energy (SGX:R14) was removed from the Singapore Exchange Securities Trading (SGX-ST) watchlist following regulatory changes, with the ruling scrapped due to the impact on business confidence, according to a Tuesday filing with the Singapore Exchange.
Shares of the company were down over 10% in Wednesday's trading.
However, companies will be required to disclose their third and subsequent consecutive financial year of losses.
The company had been placed on the watchlist since Dec. 4, 2019.
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