Singapore Exchange (SGX) on Oct 21, announced that corporate finance advisory firm GSUM-Titanland Capitaland has joined the exchange as a newly-accredited issue manager for its Mainboard listings.
GSUM-Titanland, which is an associate company of GSUM Fund Management, helps clients raise funds globally through capital market solutions including company IPOs and M&As.
SGX has a total of 42 accredited issue managers including 16 Catalist full sponsors.
“We are delighted to have GSUM-Titanland come onboard as an accredited issue manager. Their expertise in REITs and Business Trusts, coupled with their wide network in China, will especially benefit listing aspirants from China,” says Mohamed Nasser Ismail, SGX’s head of equity capital markets.
“We continue to see strong interest in Singapore’s capital markets, and look forward to welcoming more domestic and regional players to strengthen our capital market ecosystem,” he adds.
“This marks a major milestone for us and GSUM Fund Management. GSUM-Titanland sees tremendous opportunities and potential in Singapore as a regional REIT hub and is committed to connecting more real estate players, both in China and globally, with international investors to raise capital through innovative and efficient solutions while tapping on Singapore’s dynamic capital markets,” says Wong Ee Kean, CEO of GSUM-Titanland.
See also: Interra Resources granted 12-month extension to meet SGX watch-list exit requirements
Shares in SGX closed 12 cents lower or 1.3% down at $9.03 on Oct 21.