The Business Times
business-time-50
OUTLOOK 2024

Fewer SGX delistings expected in 2024 as market conditions improve, new rule kicks in

google-preferred-sourceAdd BT as a preferred source
Tay Peck Gek

Tay Peck Gek

Published Wed, Dec 20, 2023 · 09:35 PM
    • Twenty-five companies have delisted from the Singapore Exchange this year as at Dec 13, 11 fewer than last year.
    • Twenty-five companies have delisted from the Singapore Exchange this year as at Dec 13, 11 fewer than last year. PHOTO: BT FILE

    THE flow of delistings from the Singapore Exchange (SGX) appears to have been staunched somewhat: 25 companies have delisted in the year to Dec 13, which is 11 fewer than last year.

    Industry watchers expect SGX delistings to slow further in 2024, as market conditions improve and tougher acquisition guidelines kick in.

    FSMOne.com’s senior research analyst Chloe Halim reckoned that the smaller crop of delistings this year was likely due to improving economic conditions.

    DelistingsM&AOutlook 2024

    TRENDING NOW

    The house sits on a road just off Bishops Avenue, a north London street known as “Billionaire’s Row”.

    Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Indonesia’s Minister of Communication and Digital Affairs Meutya Hafid says sovereignty is about "having control at home and the confidence to cooperate abroad".

    Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister

    From left: Acting Minister for Transport Jeffrey Siow, Deputy Prime Minister Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo meeting the media to deliver the midterm update on the Economic Strategy Review in January.

    Singapore releases Economic Strategy Review Final Report with more detailed proposals

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More