Singapore: SGX, IMDA partner to facilitate IPOs for accredited ventures

Singapore: SGX, IMDA partner to facilitate IPOs for accredited ventures

A view of the SGX signage outside their office in Singapore March 2, 2017. REUTERS/Edgar Su

The Singapore Exchange (SGX) and Infocomm Media Development Authority (IMDA), the city-state’s technology and media regulator, have partnered to facilitate public listing on the Singapore bourse for IMDA-accredited technology enterprises.

IMDA, which operates an accreditation programme for Singapore-based startup ventures, will work with the SGX to reduce costs and information barriers that inhibit technology startups from pursuing an initial public offering (IPO) on the stock exchange. Its assistance includes facilitating pre-IPO funding and advice on the listing processes.

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