Singapore tries to boost capital market

Signage for the SGX Centre, which houses the Singapore Exchange Ltd. (SGX) headquarters, stands in Singapore, on Friday, April 27, 2018. Southeast Asian leaders agreed to work intensively toward an agreement by the end of this year on plans to create what could potentially be the world’s biggest trading bloc. Photographer: Paul Miller/Bloomberg

FOR some time now, Singapore has been trying to address the one chink in its financial hub armour – the poor interest and weak liquidity in the Singapore Exchange (SGX) which had led to paltry valuations of stocks listed there.

There have been more delistings than initial public offerings on the SGX in recent years.