Alpha startups, SMEs on IPO radar of Asean bourses
But regional exchanges face uphill task in wooing them as some targets prefer larger overseas markets
Add BT as a preferred sourceNavene Elangovan
REGIONAL bourses are courting small and medium enterprises (SMEs) by easing listing requirements and producing educational resources.
Phillip Securities managing director Luke Lim sees the “upward interest” as natural given that SMEs are driving economic development in the region.
“The region’s relatively young and large population also represents a unique advantage for global investors,” he said.
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