Keong Hong Holdings (SGX:5TT) reported three consecutive years of pre-tax losses, with a six-month average daily market capitalization of SG$22.9 million, according to a Thursday filing on the Singapore Exchange.
Under Singapore Exchange rules, companies are placed on a watch-list if they record pre-tax losses for three straight years and have an average daily market capitalization below SG$40 million over the past six months.
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