BT EXCLUSIVE ·
Subscribers

SGX eyes billion-dollar Reits, consumer, tech, healthcare IPOs in coming months

Its equities head also reports good interest in DCS, while tie-ups with Tel Aviv and Nasdaq gain traction

Singapore

SINGAPORE Exchange (SGX) is seeing "very healthy" mandates for initial public offers (IPO) in the coming months - including possible billion-dollar Reits.

In addition to real estate investment trusts (Reits), the potential aspirants come from sectors the exchange has been actively marketing to the last couple of years. These include the consumer, healthcare and technology sectors, Chew Sutat, SGX's head of equities and fixed income, told The Business Times (BT) in a recent interview.

"There is talk of more US Reits coming. I would say I am fairly optimistic that there will be billion-dollar Reits from the west listing in Singapore,'' Mr Chew said.

"What we are starting to see and also excited...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes