SGX proposes changes to IPO regime

Singapore’s stock exchange is seeking public views on a proposal to require companies listing on the mainboard to set aside at least 10% of IPO shares for retail investors.

SGX proposes changes to IPO regime

The Singapore Exchange SGX is considering major amendments to its listing rules to promote more retail participation in initial public offerings.

According to a consultation paper published by SGX on Friday, the exchange operator intends to require companies seeking to list on the mainboard to allocate at least 10% of shares to retail investors at the time of their IPOs.

SGX's rules do not set a mandatory allocation of IPO...

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