While funds raised from initial public offerings (IPOs) have been on the wane, the Singapore Exchange (SGX) hopes to attract more listings through partnerships with the Tel Aviv Stock Exchange and Nasdaq.
SGX chief executive Loh Boon Chye said: "IPOs allow for a mature company to profile its brand, and to reach out to more investors... But if you are just an IPO market, you won't serve a broader need.
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