Pacific Healthcare reports three consecutive years of pre-tax losses

Pacific Healthcare Holdings says it has recorded pre-tax losses in three consecutive financial years.

Its market capitalisation as at Feb 29, 2012, the last market day on which trading was not suspended or halted, was $44.88 million.

Under Rule 1311 of the listing manual, the Singapore Exchange will place an issuer on a watch-list if it records three consecutive years of pre-tax losses and an average daily market capitalisation of less than $40 million over the last 120 market days on which trading was not suspended or halted.