AMTD International debuts on SGX at $13.95, first company to be dual-listed on New York Stock Exchange and SGX

SINGAPORE - Hong Kong-headquartered financial institution AMTD International on Wednesday made its debut on the mainboard of the Singapore Exchange at S$13.95, 8.9 per cent higher than the counter's closing price of US$9 on the New York Stock Exchange overnight.

Mr Calvin Choi, chairman and chief executive officer of AMTD Group and AMTD International, said the listing marks its official entrance into the Singapore market and domiciles its strategic hub for the company's expansion to the rest of South-east Asia. Earlier this month, S&P Global reported that AMTD International plans to list about 23.9 million ordinary shares on the Singapore bourse, and that the secondary listing will allow the firm to tap new capital resources in Singapore.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wall Street stocks end lower as rally fizzlesNEW YORK: Wall Street stocks finished lower on Tuesday (Apr 7) as a rally based in part on optimism over apparent progress in combating the ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »

Public feedback sought on London Stock Exchange Group's proposed acquisition of RefinitivSINGAPORE (THE BUSINESS TIMES) - The Competition and Consumer Commission of Singapore (CCCS) is inviting public feedback on the London Stock Exchange Group's (LSEG) proposed acquisition of Refinitiv Holdings.. Read more at straitstimes.com.
Источник: The Straits Times - 🏆 8. / 63 Прочитайте больше »

US SEC's Clayton says companies seeking bailouts must disclose plans, communicate with investorsTop U.S. Securities and Exchange Commission (SEC) official said on Tuesday said that companies in discussions about bailouts stemming from the ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »