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Nasdaq, Singapore Exchange in Pact to Smooth Dual Listings (1) - Bloomberg Law

Singapore Exchange Ltd. and Nasdaq Inc. will extend their partnership to help companies access capital in both jurisdictions.

The increased cooperation will include a streamlined framework for issuers seeking a secondary listing on Singapore Exchange, SGX said in a statement. The two exchanges are deepening their partnership at a time when the tensions between the U.S. and China have escalated, the mainland has cemented its control over Hong Kong and as the competition between Asia’s two financial hubs has increased.

The framework allows documents required for the SGX listing to be based on information contained in the U.S. listing...

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July 22, 2020 at 02:39AM
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Nasdaq, Singapore Exchange in Pact to Smooth Dual Listings (1) - Bloomberg Law
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