UltraGreen.ai right to move fast on Singapore listing instead of waiting for SGX-Nasdaq bridge
To drive its post-listing performance, the company should educate investors, lay out operational milestones and emphasise its competitive advantage
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[SINGAPORE] As my newsroom colleagues pored over UltraGreen.ai’s listing prospectus last week, one of them wondered out loud why the company is choosing to list so late in the year, and not waiting for the “listing bridge” between the Singapore Exchange (SGX) and Nasdaq to go live in the middle of 2026.
The proposed dual listing programme, unveiled on Nov 19, will allow companies with market capitalisations of S$2 billion and above to simultaneously list on the two exchanges, with a single prospectus.
Companies that avail themselves of an SGX-Nasdaq dual listing would be tapping a broader range of investors, and may obtain a higher valuation for their shares than if they listed on SGX alone.
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