Launch of S'pore's 1st startup stock exchange expected by mid-year
The SSX, which has gathered some 950 companies on its platform since its 2012 founding, has yet to apply for regulatory approval
Singapore
A STARTUP stock exchange that aims to help early-stage companies find funding for their businesses, bridging the financing gap between crowdfunding sites and traditional stock exchanges, is expected to be launched in Singapore this year.
Plans for the exchange are still in a nascent stage. But Curacao-based Startup Stock Exchange (SSX), which was acquired in May 2016 by the International Stock Exchange Group (ISEG) for an undisclosed sum, hopes to get it up and running by the middle of this year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Former PAP MP, minister of state retire as company directors
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses