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More firms seeking secondary listings on SGX, but IPO deals falter
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Checks by ST found that some of the Singapore-based firms that recently went public in the US are currently experiencing poor stock performance.
PHOTO: ST FILE
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SINGAPORE - More companies are seeking secondary listings on the Singapore Exchange (SGX) as part of their expansion plans into the region.
But while foreign firms are eyeing a secondary listing here, more local companies seeking to go public are increasingly choosing to do so in the United States even as efforts are being made to revitalise the Singapore stock exchange.