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Weak valuations, liquidity on SGX could drive further listings outside Singapore in vicious circle
Published Wed, Aug 9, 2023 · 05:00 AM
A STREAM of delistings from the Singapore Exchange (SGX) – and the lack of new listings to replace them – could lead to a hollowing out in the Singapore market, according to industry watchers.
They also warned that the number of delistings could reinforce the perception of a lack of liquidity and poor valuations in the Singapore market, which has led to an increase in the privatisation of Singapore-listed companies.
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