Singapore kept IPO flow steady last year despite pandemic-driven market volatility: PwC

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SGX attracted 11 initial public offerings in 2020 despite the coronavirus-induced uncertainty and market volatility.

Singapore kept IPO flow steady last year despite pandemic-driven market volatility: PwC

Ovais Subhani

SINGAPORE – In a year ravaged by a recession and wild swings in financial markets, the Singapore Exchange (SGX) managed to bring in as many new companies to list here as in 2019.

The bourse attracted 11 initial public offerings (IPOs) in 2020 despite the coronavirus-induced uncertainty and market volatility, according to a report by PwC Singapore.

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