SGX partners Third500 to court US late-stage, venture-backed listings

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

The Singapore Stock Exchange (SGX) is teaming up with Third500, an affiliate of US healthcare investment bank Healthios Capital, to court US late-stage, venture-backed companies looking to list in the city-state.

According to an official statement, SGX and Third500 will develop a market development plan to build a pre-IPO and IPO market to encourage more companies to list in the country. This is one of several moves SGX has taken to deepen its IPO pipeline.

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