‘SGX needs to be better understood,’ says CEO Loh Boon Chye
His thesis of the exchange outgrowing domestic borders is corroborated by institutional watchers
Singapore Exchange (SGX) chief executive Loh Boon Chye emphasizes the need for the bourse to be better understood, despite the exchange reaching an 18-year high in securities' daily average value and surpassing S$1.8 billion. However, market analysts continue to criticize the absence of a prominent initial public offering and the poor first-day share price performance of several recent debuts. The company also faces potential legal liabilities of up to S$57.6 million for Koh Brothers Eco Engineering.
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