SGX to launch dual class shares

The products could be launched by 1H2018, with an initial focus on new economy companies.

The Singapore Exchange (SGX) said its plans to launch dual class shares and expects the first dual class listings soon.

CIMB Research, which attended SGX's briefing, said the company plans to launch the products by the first half of 2018, with an initial focus on new economy companies.

OCBC Investment Research, which also came to the briefing, said SGX also plans to launch Indian single stock futures.

"In terms of pipeline and mandates, indication is that this is healthy and likely to be better than 2017. This is in addition to what was already previously launched including Daily Leverage Certificates," said OCBC analyst Carmen Lee.

The exchange is also working on its collaboration and connectivity and this included its previously announced presence in Chicago.

According to CIMB, fixed income trading is expected to exceed US$1b, and an upcoming $1b-2b medium term note (MTN) programme could come in handy for potential synergistic mergers and acquisitions (M&A).

Also Read

Gazelle Ventures offers to acquire No Signboard shares at $0.0021 apiece

Moomoo, Nasdaq renew global strategic partnership

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit