{
  "id": 14949483,
  "title": "SGX RegCo engages listed plantation firms over haze, warns of regulatory action",
  "url": "https://urgent.news/2026/10/16/sgx-regco-engages-listed-plantation-firms-over-haze-warns-of",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T12:08:34.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/sgx-regco-engages-listed-plantation-firms-over-haze-warns-regulatory-action"
  },
  "original_language": "en",
  "account": "The Singapore Exchange Regulation (SGX RegCo) has been contacting listed companies that have agricultural operations and plantations in Indonesia regarding the ongoing haze. These enquiries include seeking information on whether the companies' activities may have contributed to the haze and the impact of forest and peatland fires on their operations. SGX RegCo is warning of potential regulatory action if companies do not meet their disclosure obligations under the SGX Listing Rules. Some companies, including Bumitama Agri and First Resources, have already made announcements regarding their no-burning and no-peat policies, hotspot monitoring, and water management. However, Bumitama Agri maintains that its operations are not linked to the fires and adheres to a strict zero-burning policy. First Resources stated that it has identified hotspots around its concessions, many of which are found to be outside its operating boundaries. The counter for Bumitama Agri shares dropped by 4.8% following the release of its clarification statement, while First Resources shares fell by 6.9%. The Singapore authorities have also intensified their actions against the haze, with the National Environment Agency (NEA) sending preventive measure notices to seven Indonesian companies for smoke from their concessions moving into Singapore.",
  "summary": "Regulator is seeking information on whether issuers’ activities may have contributed to the haze",
  "key_points": [
    "SGX RegCo contacts Indonesian plantation firms about haze concerns",
    "Companies like Bumitama Agri and First Resources announce policies",
    "Bumitama insists operations not linked to fires, First Resources identifies hotspots"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}