SGX panned as a place to raise funds in 2015
Association which says it represents nearly 30 listed firms urges Singapore businesses to consider markets abroad
Singapore
AN advocacy group has suggested that businesses consider overseas markets and non-equity funding to raise capital, as it expects a lacklustre 2015 for the Singapore stock market.
The Small and Middle Capitalisation Companies Association (SMCCA), which says it has a membership of almost 30 listed companies, issued a report on Thursday stating its outlook for a weak 2015 market.