SGX sets rules for dual Nasdaq and Singapore listings
The Singapore Exchange announced rules for its Global Listing Board to enable dual listings with Nasdaq. Firms need a S$2 billion market cap and local funding.
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SINGAPORE EXCHANGE LTD set rules for its Global Listing Board requiring a S$2B ($1.57B) minimum market capitalization for dual listings with NASDAQ INC. The framework, developed with the United States exchange, mandates that issuers raise at least S$75M or 15% of funds in Singapore. This alignment streamlines capital access for high-growth firms while boosting liquidity in the local market.
