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Decision to list not a question of timing but whether the company deserves to be public: ShopBack

Felicia Tan
Felicia Tan • 7 min read
Decision to list not a question of timing but whether the company deserves to be public: ShopBack
ShopBack's acting CFO and chief of staff, Huanmin Huang (left) and the platform's AI interface. Photos: Shopback
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Temasek-backed loyalty and rewards marketing platform ShopBack says it is “broadly supportive” of the proposals by the Monetary Authority of Singapore (MAS) and the Singapore Exchange Regulation (SGX RegCo) on the Global Listing Board (GLB).

The GLB, which allows companies with market capitalisations of $2 billion and above to dual-list on the SGX and Nasdaq with a single set of documents, was first mooted in November 2025 as part of the equity review group measures.

A public consultation seeking feedback for amendments to the Securities and Futures Act (SFA) was conducted from Jan 9 to Feb 8.

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