Singapore
THE Singapore Exchange is optimistic about its listings pipeline, but many equity players insist the bourse remains listless and urgent remedy is needed.
Simon Lim, head of Equity Capital Market (Sectors) at the Singapore Exchange (SGX), told The Business Times that the exchange is on track to build on both the number of IPO listings as well as funds raised this year.
"As markets improve and we continue to receive applications to become issue managers and Catalist full sponsors, we remain optimistic on the listings pipeline for 2018," Mr Lim said.
Financially, SGX is doing well: last Friday, it announced its highest quarterly net profit in 10 years.
Global proceeds from IPOs rose to US$39...