SGX Group to introduce Global Listing Board in Landmark Partnership with Nasdaq

Core Insights - SGX Group and Nasdaq are partnering to create a new dual listing framework that connects the U.S. and Singapore capital markets, allowing companies with a market capitalization of S$2 billion and above to raise capital more efficiently [1][2] - The Global Listing Board is set to launch around mid-2026, aiming to simplify the dual listing process by reducing regulatory complexity and costs for companies [2][5] Group 1: Market Impact - The initiative is expected to enhance market liquidity and regulatory alignment, facilitating growth for companies ranging from startups to established firms in both markets [3][4] - Institutional investors in Singapore have shown strong support for this platform, which is anticipated to provide a pathway for companies to access both U.S. and Singapore markets [3] Group 2: Regulatory Framework - The proposed regulatory framework will establish prospectus disclosure requirements in Singapore that align with U.S. standards, allowing for a single set of offering documents for dual listings [5] - The framework is still subject to finalization and regulatory processes, with more details to be released ahead of the mid-2026 launch [5] Group 3: Strategic Collaboration - The partnership is seen as a strategic move to strengthen ties between the U.S. and Singapore capital markets, with leaders from both SGX and Nasdaq emphasizing the importance of cooperation and shared standards [6] - The initiative is part of broader efforts by the Singapore Government to enhance the attractiveness of its stock market for high-growth companies [4][6]