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SGX RegCo Unveils Proposed Rules for New Global Listing Board with Nasdaq

Story Highlights
  • SGX RegCo proposes a Global Listing Board to streamline dual listings on SGX and Nasdaq, enhancing cross-border capital access.
  • New rules set high entry thresholds and local compliance requirements, aiming to attract sizeable issuers and bolster investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SGX RegCo Unveils Proposed Rules for New Global Listing Board with Nasdaq

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An update from Singapore Exchange ( (SG:S68) ) is now available.

Singapore Exchange Regulation is consulting on detailed listing rules for a new Global Listing Board designed to support streamlined dual listings on SGX and Nasdaq, following a broader equities market review aimed at strengthening Singapore’s position as an international equities hub. The proposed framework would create a harmonised pathway for companies to access capital and liquidity in both North America and Asia using a single set of offering documents and a simplified review process, supported by legislative changes to Singapore’s Securities and Futures Act. Key admission criteria include a minimum market capitalisation of S$2 billion, a requirement that issuers be listed or accepted for listing on the Nasdaq Global Select Market, local governance and compliance touchpoints in Singapore, retail allocation via designated brokerages, and the appointment of an issue manager, collectively signalling tighter standards but potentially higher-quality cross-border listings for investors.

The most recent analyst rating on (SG:S68) stock is a Buy with a S$20.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.

More about Singapore Exchange

Singapore Exchange Regulation (SGX RegCo), a wholly-owned subsidiary of Singapore Exchange Limited, oversees listing and regulatory frameworks for Singapore’s capital markets. Working alongside the Monetary Authority of Singapore and international exchanges, SGX RegCo focuses on enhancing market development, connectivity and fundraising access for issuers and investors across regions, particularly between Asia and major global financial centres.

Average Trading Volume: 2,545,164

Technical Sentiment Signal: Buy

Current Market Cap: S$18.95B

See more data about S68 stock on TipRanks’ Stock Analysis page.

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