SGX delistings poised to outpace IPOs: Bloomberg

Over a dozen companies have announced delisting plans.

Bloomberg reports that about 13 companies with a combined market value of S$4.5 billion ($3.3 billion) have announced plans to delist from the Singapore Exchange Ltd. in the first half of 2016 as the price-to-book value of shares on the Straits Times Index trades near the lowest since the global financial crisis. That’s more than twice the amount of new listings during the period.

Read the full report here.

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