With 20 delistings in 2024, SGX faces ongoing challenges from low market liquidity, increasing regulatory scrutiny, and the growing appeal of private funding
DELISTINGS from the Singapore Exchange (SGX) continued to outpace new listings in 2024, but industry watchers are optimistic that strong global market performance and an ongoing revamp of the local equities market could act as potential catalysts for reversing the trend.
A total of 20 companies delisted from the Singapore bourse in 2024, with just four new entrants. In comparison, there were 25 privatisations in 2023 and six new initial public offerings.
Market watchers attribute this trend to a mix of factors, including low market liquidity, increasing regulatory scrutiny, and the growing appeal of private funding.
Copyright SPH Media. All rights reserved.