Singapore Exchange to boost derivatives, target Southeast Asia unicorns

Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.

SINGAPORE: Singapore Exchange Ltd (SGX) aims to add products to its lucrative derivatives business and offer Southeast Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth, its chief executive said.

"There's always the focus around IPOs and associated capital markets but today, participants on our exchange look beyond just the stock market," said Loh Boon Chye in an interview.