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EDITORIAL

Dearth of IPOs, not delistings, lies at the heart of market's woes

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Critics of the Singapore Exchange (SGX) are shaking the wrong tree when they point to the current wave of delistings as a sign of the market's problems.

CRITICS of the Singapore Exchange (SGX) are shaking the wrong tree when they point to the current wave of delistings as a sign of the market's problems.

Delistings are par for the course on a healthy bourse. The real issue facing the Singapore equity market is a shortage of new listings.