SINGAPORE EXCHANGE MULLS REPRESENTATIVE OFFICE IN CHINA
AsiaInfo Services, June, 2007
AsiaInfo Services 06-01-2007 Singapore Exchange Mulls Representative Office in China JIANGSU, Jun 01, 2007 (SinoCast via COMTEX) -- Singapore Exchange Ltd. (SGX) is actively preparing for setting up a representing office in China, and Beijing will be the most possible site, according to Lawrence Wong, executive vice president and the head of listing at SGX. And the exchange will try to attract more large Chinese private enterprises to exercise IPO (initial public offering) in Singapore. On April 18, Jiangsu-based Yangzijiang Shipbuilding (Holdings) Ltd., the second largest private shipyard in China, successively got listed on the mainboard of SGX and raised funds of SGD 1.085 billion (or CNY 5 billion).
And its market value has hiked by 70% up to now. From...
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