Source:
ChatGPT:
Liquidity in the local market has also improved significantly, with trading volumes reportedly doubling over the past 18 months. SGX recently welcomed its fifth listing of the year and third mainboard IPO, as flexible workspace provider JustCo raised S$100 million to support overseas expansion. Backed by GIC, JustCo cited government initiatives such as the S$6.5 billion Equity Market Development Programme as a key factor boosting confidence in Singapore’s stock market.
JustCo executive chairman Kong Wan Sing said investor sentiment towards profitable growth companies has improved, particularly beyond the traditional REIT sector. The company plans to focus expansion efforts on Japan, where it sees substantial untapped growth potential.
SGX officials said the exchange is attracting a broader mix of high-growth and new-economy firms, including companies such as AvePoint, Info-Tech, UltraGreen.ai and MetaOptics. Emerging sectors such as digital infrastructure and data centres are also becoming increasingly important.
Future IPO activity may accelerate further after Singapore passed laws allowing dual listings between SGX and Nasdaq. Market participants expect deals ranging from S$100 million to over S$1 billion, supported by stronger liquidity, broader investor participation and continued regulatory reforms.
No comments:
Post a Comment