The number of companies listed on Singapore’s stock exchange has hit a two-decade low after just four companies went public this year and several delisted, with the city-state’s regulator investigating how to halt the equity market’s slide. The number of companies on the Singapore Exchange fell to 617 in October, the lowest since September 2004.
” Several investment bankers told the Financial Times that 2024 was likely to be the nadir for listings in Singapore due to the political uncertainty of general elections around the world. They said there was pent-up demand, and they were working on several IPOs for next year.
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