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SGX and Nasdaq team up to let companies list shares on both markets

Michelle Zhu Published on Thu, Oct 19, 2017 / 7:22 AM GMT+8

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SINGAPORE (Oct 19): Singapore Exchange and Nasdaq Inc. of the US have signed a collaborative listings agreement, which seeks to enhance companies’ access to capital market funding as well as their corporate profiles in both markets.

In a joint release issued Wednesday, SGX and Nasdaq say they are also currently exploring the demand among corporates for a concurrent or sequential listing on both exchanges – while highlighting their commitment to supporting companies that are interested in pursuing this route.

According to SGX, it has also started exploring the feasibility of streamlining the listing processes of both exchanges to create a more efficient pathway for companies seeking a listing in both venues.