Dual class listings are a 'go' - but alone won't give SGX its edge
Other important factors include exchange size, costs, flexibility of rules, investor and analyst quality
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ALLOWING companies with dual class share (DCS) structures to list on the Singapore Exchange (SGX) is just one of the many factors needed to make Singapore more competitive against its equally progressive regional peers in attracting blockbuster initial public offers (IPOs), experts say.
Farhana Siddiqui, partner at Withers KhattarWong, said attracting quality listings is a function of many factors. These include the exchange's understanding of an IPO aspirant's business, the flexibility of rules to accommodate different businesses, investor education, analyst coverage and experience, as well as the quality of institutional investors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities