In recent years, secondary listings on the Singapore Exchange (SGX) have mostly struggled to gain meaningful traction with investors. Instead of raising their profile and whetting investors’ appetite, their performance on SGX has raised the question of why they even bothered to list here at all.
IPOs are making a comeback but still trail behind delistings. The exchange's bid to attract more secondary listings is not exactly something to shout about either
They all aimed to make a splash, pitching bold visions and moonshot targets. Instead, many floundered, offering investors not what was promised or projected but a masterclass on how not to deliver.
