XMH Holdings (SGX:BQF) has applied for removal from the Singapore Exchange's watchlist after meeting regulatory benchmarks, according to a Monday filing on the Singapore Exchange.
The marine and industrial engine company reported a pre-tax profit of SG$16.6 million for FY24 and hit an average market capitalization exceeding SG$40 million over the past six months.
XMH has been on the watchlist since December 2019.