Nasdaq Inc. (NDAQ) along with Singapore Exchange (SGX) on Wednesday announced the finalization of a collaborative agreement that will allow companies access to a concurrent or sequential listing on both exchanges.
The agreement leverages their strengths to enhance the ways available for companies to access capital market funding and improve their corporate profile in both markets.
The two indexes will continuously explore the demand among businesses for a concurrent or sequential listing on both exchanges.
"The business landscape today is borderless," said Loh Boon Chye, CEO, SGX. "Fast-growing Asian companies looking to tap the capital markets can choose to list on SGX on Asian home ground, and embark on a listing on Nasdaq as they expand their business globally.
"We are excited to partner with Nasdaq in this collaboration to provide value-add to SGX's listed companies who are looking to extend their reach in the capital markets and raise their profile in the United States. Through this partnership, we also look forward to enhancing the awareness of Nasdaq's suite of corporate services in Asia," Chye added.
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