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Singapore as a new venue for Russian IPOs

Don Agro's initial public offering in S'pore may set a precedent for Russian firms looking to access international capital.

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The current sanctions regime does not directly preclude investing in the equity of most Russian companies for the majority of international investors. However, by repackaging themselves internationally and listing on SGX, and with vetting, Russian companies can become even more attractive to investors.

WITH the implementation of a free trade pact with the Russia-led Eurasian Economic Union (EAEU) paving the way for greater business links between Singapore and EAEU markets - which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia - Singapore's capital markets could play host to a...