SGX likely to lead in Southeast Asia IPOs for 2H17: EY

SINGAPORE (June 29): The Singapore Exchange (SGX) is expected to lead the initial public offering (IPO) pipeline for Southeast Asia in 2H17 as the region sees its best first half in 15 years, says EY, the global assurance, tax, transaction and advisory services organisation.

According to the Max Loh, EY Asean and Singapore managing partner, Ernst & Young LLP, this is because the bourse is well-positioned as a platform for growth alongside Indonesia, Thailand and the Philippines.

The city state saw five IPOs on SGX raise a total of US$182 million in 2Q17, based on latest findings from the EY Global IPO Trends: Q2 2017 report.  

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