Recent tech IPOs are piquing investor interest and could persuade venture capitalists to list their portfolio companies here
[SINGAPORE] A rash of new listings on the Singapore Exchange (SGX) appears to be drawing interest from investors, as the Monetary Authority of Singapore’s equities market review boosts sentiment – particularly towards small and mid-cap companies.
In the third quarter of this year alone, there have been more initial public offerings (IPOs) than in the whole of 2024.
These include the debuts of pure-play data centre real estate investment trust (Reit) NTT DC Reit, urban revitalisation specialist Lum Chang Creations, design-and-build firm Dezign Format, commercial vehicle leasing firm Skylink, and purpose-built accommodation landlord Centurion Accommodation Reit.