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Dual Listing? Now it can be done in Singapore too

Israel's cooperation with countries around the world is growing, with the Far East being prominent. One of the joint ventures, which was recently announced, is between the Tel Aviv Stock Exchange and the Singapore Stock Exchange.

Companies, mainly technology, will be able to do an IPO simultaneously on the two exchanges with only one prospectus.

The Israeli Parliament, The Knesset, sub-committee approved yesterday a new regulation adding 3 foreign stock exchanges to the dual listing arrangement pursuant to Chapter 5 of the Securities Law.

The amendment includes the addition of three exchanges: the Singapore, Hong Kong and Toronto exchanges - to the "dual listing arrangement" so an issuer on one of these exchanges, would also be able to register on the Tel Aviv Stock Exchange.

#Singapore #IPO


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