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SGX raises base dividend as Q1 profit rises 28%

CEO Loh Boon Chye outlines strategy to raise market maker and liquidity provider programmes to mid- and small-cap stocks
Thursday, October 22, 2015 - 05:50
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Mr Loh said that "only with a sufficiently deep and liquid market will we be able to attract IPOs" when the market recovers.

Singapore

SINGAPORE Exchange (SGX) raised its base dividend and outlined its strategy to raise liquidity in the sluggish securities market as net profit rose 28 per cent for its fiscal first quarter ended Sept 30.

The market operator is raising its first-quarter cash dividend to

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