28-09-2023, 12:33 PM
Even before the pandemic, the exchange more saw delistings than listings. From 2009 to 2019, there were 302 delistings, while only 279 companies were listed, according to the finance minister at that time, Tharman Shanmugratnam.
Singapore’s IPO market has seen listings worth only $18.6 million so far this year, putting it on track to have the worst showing since 2011, according to aggregator Inside Venture Capital.
SGX’s move to broaden its equity-linked product base “could drive incremental market interest,” including offering depository receipts and structured certificates, Wickramasinghe told CNBC.
https://www.cnbc.com/2023/09/28/asian-st...idappshare
Singapore’s IPO market has seen listings worth only $18.6 million so far this year, putting it on track to have the worst showing since 2011, according to aggregator Inside Venture Capital.
SGX’s move to broaden its equity-linked product base “could drive incremental market interest,” including offering depository receipts and structured certificates, Wickramasinghe told CNBC.
https://www.cnbc.com/2023/09/28/asian-st...idappshare