Idea of Bursa-SGX merger 'far-fetched'
The chief executive of the Malaysian exchange says a more realistic option would be to collaborate and share connectivity
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Anita Gabriel
Singapore
THE possibility of a merger between Bursa Malaysia and Singapore Exchange (SGX) to create an Asian power exchange with a combined market valuation of more than US$1.5 trillion is "far-fetched" for now, Bursa's chief executive Tajuddin Atan has said.
A more realistic option would be to collaborate and share connectivity and to deepen ties among the Asean exchanges, he told Singapore reporters on Friday.
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