Singapore losing listings because the market has performed poorly, and valuations are low
A vibrant market where companies are run for the benefit of all shareholders would naturally be a conducive environment for new listings
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WHEN YKGI said early this year that it would list on the Catalist board of the Singapore Exchange, I asked my newsroom colleagues if the company’s Yew Kee Duck Rice was any good.
Much to my disappointment, nobody I asked raved about it. Some people around me could not remember if they had ever tried it, while others had no strong feelings about it.
On a more positive note, I was assured by some of my colleagues that YKGI’s franchised Chicha San Chen tea shops in Singapore are quite popular.
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