The Singapore Exchange (SGX) needs to be revived – and everyone knows that. Exciting companies, put off by its lack of liquidity, are not tempted to list on it. Jaded investors, unimpressed by its offerings, have increasingly stayed away from it.
Second Finance Minister Chee Hong Tat revealed on Aug 2 that a review group had been set up to look at ways to revive the local stock market. Its report is due in 12 months.
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