Browsing Tag

Singapore Stock Exchange

2 posts

Singapore falls behind Hong Kong in stock market listings

Singapore’s Exchange (SGX) is experiencing a decline in popularity as a destination for IPOs, with only three listings in H1 2023. This contrasts starkly with buoyant IPO activity in Hong Kong and ASEAN countries, with market confidence impacted by recent corporate governance failures in Singapore.

Will Sheng Siong get a free pass for breach of listing rules?

Sheng Siong’s non-compliance with Singapore Stock Exchange’s listing rules, which require a majority of Independent and Non-Executive Directors on the board, has raised questions on regulatory oversight. Sheng Siong maintains its current board composition is adequate given its size. Pat Low asks if Singapore is to accept “ownself check ownself” in the corporate world, emulating what the Singapore Government does.