New listings fire up the market, but lingering liquidity issues could douse the hype
Recent tech IPOs are piquing investor interest and could persuade venture capitalists to list their portfolio companies here
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[SINGAPORE] A rash of new listings on the Singapore Exchange (SGX) appears to be drawing interest from investors, as the Monetary Authority of Singapore’s equities market review boosts sentiment – particularly towards small and mid-cap companies.
In the third quarter of this year alone, there have been more initial public offerings (IPOs) than in the whole of 2024.
These include the debuts of pure-play data centre real estate investment trust (Reit) NTT DC Reit, urban revitalisation specialist Lum Chang Creations, design-and-build firm Dezign Format, commercial vehicle leasing firm Skylink, and purpose-built accommodation landlord Centurion Accommodation Reit.
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