Singapore Exchange Ltd. and Nasdaq Inc. will work together on a new dual-listing mechanism for companies, as part of a push by authorities in the city-state to boost the local stock market and improve trading liquidity.
SGX said it plans to create a new global listing board that would allow companies with a market capitalization of at least S$2 billion ($1.5 billion) to raise funds from both the US and Singapore. It is scheduled to go live around mid-2026, the exchange said.
The Monetary Authority of Singapore called the initiative a “dual listing bridge.” The central bank and financial regulator ...