S'pore eyes more listings by shipping, offshore companies: SGX chief

Singapore

SINGAPORE is keen on getting more shipping and offshore companies to list here, said Singapore Exchange (SGX) chief executive Magnus Bocker yesterday.

Noting that shipping was a strong sector and that the SGX offered it a strong market, he added: "It is not only about the Exchange, it is about the infrastructure that we have here. We have knowledgeable banks, analysts, research, law firms and, on top of it, we have a lot of companies in Singapore that deal with this (sector)."

This support infrastructure is thus an ecosystem which spurs companies to set up, and eventually list here, he told reporters on the sidelines of the launch of trading in PACC Offshore Services Holdings (POSH) on the SGX…