It eyes boosting companies’ access to capital market funding.
The Singapore Exchange (SGX) and NASDAQ inked a collaborative agreement to explore the launch of simultaneous or sequential listings.
The new agreement seeks to enhance the channels available for companies to access capital market funding and enhance their corporate profile in both markets.
According to a press release, the two are "committed to supporting companies that are interested in pursuing this route."
SGX and NASDAQ are also reviewing the possibility of implementing the latter's International Designation programme to Singapore-listed companies to tap US investors.
The programme increases visibility and potentially improves the liquidity of shares in the US on the over-the-counter (OTC) market.
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