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SGX listings talks pick up, but market conditions need to stabilise: CEO

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Raphael Lim

Raphael Lim

Published Thu, Jul 14, 2022 · 02:07 PM
    • “We need the markets to find a base, to find adjustments between expectations of value and valuation between investors and companies,” said Singapore Exchange chief executive Loh Boon Chye.
    • “We need the markets to find a base, to find adjustments between expectations of value and valuation between investors and companies,” said Singapore Exchange chief executive Loh Boon Chye. PHOTO: SGX

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    THE Singapore Exchange (SGX) is seeing “increased discussions” with companies that are looking to expand their investor base and seek additional capital, chief executive Loh Boon Chye said on Thursday (Jul 14).

    Speaking to reporters after Philippine liquor giant Emperador’s secondary listing on the SGX, Loh said: “We have, I would say, more active conversations, more active discussions (and) increased enquiries. Some companies have proceeded to have preparations.”

    However, he added that there is also a need for markets to stabilise around valuation. This comes amid concerns over rising interest rates and high inflation globally.

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