The Singapore stock exchange reported a plan.

The exchange has reached an agreement with brokerage houses and banks to help brokers facing severe cash problems following the collapse of a major industrial group, industry sources said. The plan calls for four banks to lend $68.2 million to brokers hit by the collapse of Pan-Electric Industries and the abrupt closure of the Singapore and Malaysian exchanges. The sources also said the loan would be guaranteed by the Singapore exchange, but each of its 25 members will be made liable for $2.7 million.