Singapore bourse mulls easing dual-class listings rules to attract tech IPOs

Singapore bourse mulls easing dual-class listings rules to attract tech IPOs

The SGX Centre at Shenton Way. Credit: DealStreetAsia

Singapore Exchange Ltd. is stepping up efforts to bring technology companies to its market.

The bourse last year proposed allowing dual-class shares, a structure favored by tech founders because it lets them keep control after going public. Now SGX wants to loosen some of the restrictions it planned to impose on dual-class listings, such as a minimum market cap, according to people with knowledge of the deliberations who asked not to be named.

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