Tough year for S’pore IPO market with 11 listings, 32 delistings so far, and more challenges ahead

There have been 32 delistings from the Singapore Exchange so far this year. PHOTO: BT FILE
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SINGAPORE – It’s been a tough year for firms hoping to list in Singapore, but candidates with sustainable bottom lines could still win investors over, said experts.

They also note that the poor economic outlook amid rising interest rates and high inflation will continue to hit initial public offering (IPO) activity, which has been more than evident over the past 12 months.

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