SGX

SGX: getting slight lift today, on expectations that bourse could see at least three blockbuster listings by year end. Notably:
i) Global Logistic Properties, the logistics unit of GIC, owns warehouses in China and Japan, and could potentially be the biggest IPO in SG since SingTel raised over $4bn in 1993
ii) Temasek-owned Mapletree plans to list an industrial Reit that will hold $2bn worth of SG industrial properties…
iii) New Century could be looking to restart the listing process, after withdrawing its $666m IPO at the last minute in May due to errors in the prospectus.
Confirmation of these listings should provide a catalyst for SGX’s stock price going forward.