General Announcement::News release: SGX launches independent research paper on Retail sector

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Jul-2016 15:06:58
Status
New
Announcement Sub Title
News release: SGX launches independent research paper on Retail sector
Announcement Reference
SG160704OTHRGM2A
Submitted By (Co./ Ind. Name)
Ho Lily
Designation
AVP, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) launched an independent research report covering the retail sector in four ASEAN countries (Singapore, Indonesia, Malaysia and Thailand). This is part of SGX's on-going efforts to educate and keep investors better informed of the sectors that are covered by its listed companies.

Titled "ASEAN RETAIL: Overview, Trends and Outlook, with a focus on SGX-listed Companies", the independent research report was commissioned by SGX and developed by research firm Frost and Sullivan. The report indicated growth potential for ASEAN's retail industry, anchored on rising middle-class consumers, increasing spending power and rising e-commerce sales.

The report is segmented into six retail subsectors and for each, covers an in-depth analysis of the key sector drivers and an overview of the SGX-listed companies that are in these sectors.

Consumer companies make up the biggest proportion of SGX-listed companies. There are a total of 162 consumer companies listed on SGX, across subsectors such as Retail, Food & Beverage and Agri-commodities, with total market capitalisation of more than S$140 billion. Of these 162 consumer companies, 43 are in the retail sector, with combined market capitalisation of S$30 billion.

Simon Lim, Head of Equity Capital Market (Sectors), SGX, said, "The Consumer sector has always been one of SGX's focused sectors. Despite headwinds facing the retail sector recently, we recognised the need to keep investors informed of the sector's longer-term growth outlook in ASEAN, which continues to be backed by strong demographic and macroeconomic fundamentals. The emergence of e-commerce also presents an exciting growth opportunity for the sector."

In addition to the launch of this research report, on 28 June 2016, SGX also held a Consumer sector corporate access day for 48 institutional investors and a Retail sector investor education seminar which was attended by about 200 retail investors.

A copy of the research report can be downloaded at sgx.com/retailcluster. Please refer to Annex A in the attached news release for an infographic overview of the research report findings.


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Attachments

20160704 SGX_launches_independent_research_paper_on_retail_sector.pdf
Total size =584K