March 08, 2017 BY Valentina Kirilova
At least 5% of SGX Mainboard IPOs to be set aside for retail investors
Singapore Exchange (SGX) announced that will mandate all Mainboard IPO companies to allocate to retail investors, at least 5%, or S$50 million, whichever is lower, of their offer size. The introduction of the minimum IPO allocation is aimed at facilitating greater retail participation in Singapore’s equities market. The new rules on the minimum allocation are…
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