At least four tech Catalist IPOs lined up for H1 next year: SGX

Singapore

THE Singapore Exchange's (SGX) junior Catalist board has lined up at least four technology company listings for the first half of next year and the local bourse as a whole has a shot at eventually becoming a global destination for tech floats in the same league as the United States' Nasdaq board, SGX's head of capital market development said on Wednesday morning.

Mohamed Nasser Ismail, who is also SGX's head of equity capital markets for small and medium enterprises, also told a media briefing at the exchange's Shenton Way office that after the 12 initial public offerings (IPOs) on Catalist this year, the "momentum is clear" and he expects there to be even more listings next year.