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SGX aims to double market cap of firms in 3-5 years

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Published Thu, Apr 23, 2015 · 09:50 PM

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Singapore

SINGAPORE Exchange Ltd is seeking to double the market value of companies listed in the city-state as Asian bourses compete for initial public offerings.

"We should be looking to double our market cap in three to five years," Muthukrishnan Ramaswami, president of SGX, said in an interview on Thursday. "It will happen through listings from China, from India and from other locations. That's why we're working the pipeline."

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