How to make a dual listing work

THE recent delisting of dual-listed companies, AusNet Services and Weiye Holdings, from the Singapore bourse should prompt a relook into how the Singapore Exchange (SGX) can better retain the foreign companies that it has wooed to list here.

This is an especially relevant discussion given that SGX and Israel's Tel-Aviv Stock Exchange had in May announced plans to work together to get Israeli technology and healthcare companies to list on both exchanges, by pitching Singapore as the gateway for them to penetrate into Asian capital markets.

What is worrying is whether these firms will discover, a few years down the road, that the secondary listing wasn't a right fit, and exit from the bourse like a number already have.