SINGAPORE: The Singapore Exchange (SGX) has topped its South-east Asian peers in attracting new listings so far this year, led by three large Reit listings. The market is likely to stay healthy next year with more property sector deals expected, analysts say.
About $2.3 billion of initial public offering (IPO) proceeds had been raised across 16 deals on the SGX this year as of yesterday, nearly a fourfold increase from the $512.4 million raised from 13 deals last year, Deloitte revealed yesterday in its annual IPO review.