23-07-2022, 09:08 AM
Kang Wan Chern
Assistant Business Editor
PUBLISHED 11 HOURS AGO
SINGAPORE - The Singapore Exchange (SGX) is teaming up with the New York Stock Exchange (NYSE) to dual-list companies, allowing them to tap capital markets outside their home regions.
The move will also help to expand the variety of listings available on the SGX at a time when trading volumes have fallen on the back of greater market volatility.
SGX, known for being the exchange of choice for real estate investment trusts and other yield-focused companies favoured by long-term investors, saw its daily average traded value decline by 8 per cent year on year to $1.2 billion in the first half of 2022, its data showed.
https://www.straitstimes.com/business/co...l-listings
Assistant Business Editor
PUBLISHED 11 HOURS AGO
SINGAPORE - The Singapore Exchange (SGX) is teaming up with the New York Stock Exchange (NYSE) to dual-list companies, allowing them to tap capital markets outside their home regions.
The move will also help to expand the variety of listings available on the SGX at a time when trading volumes have fallen on the back of greater market volatility.
SGX, known for being the exchange of choice for real estate investment trusts and other yield-focused companies favoured by long-term investors, saw its daily average traded value decline by 8 per cent year on year to $1.2 billion in the first half of 2022, its data showed.
https://www.straitstimes.com/business/co...l-listings