This is the first exchange-level DR cooperation in Asean, demonstrating an important step forward in enhancing regional connectivity. The collaboration leverages the strengths of two well-established exchanges to promote more joint investment and business opportunities for both exchanges and their market participants, according to an SGX release.
Singapore Exchange (SGX) (SGX:S68
) has announced that it has launched a new product, Singapore Depository Receipts (SDRs), under the Thailand-Singapore depository receipts (DR) linkage on May 30.
A memorandum of understanding (MOU) was signed earlier today to mark the partnership between SGX and the Stock Exchange of Thailand (SET) on the DR linkage.
