General Announcement::SGX welcomes Bank of China as accredited issue manager

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
11-May-2016 17:32:12
Status
New
Announcement Sub Title
SGX welcomes Bank of China as accredited issue manager
Announcement Reference
SG160511OTHRTA41
Submitted By (Co./ Ind. Name)
Patricia Choo
Designation
Media Comms
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) welcomes Bank of China (BOC), Singapore branch, as an accredited issue manager for Mainboard listings.

As an accredited issue manager, BOC will be able to advise companies looking to list on the SGX Mainboard in terms of its suitability and ability to comply with the continuing listing requirements. Issue managers will also submit listing applications on behalf of listing aspirants.

Chew Sutat, Head of Equities and Fixed Income, SGX, said, "We are delighted to welcome Bank of China as an SGX-accredited issue manager, and we look forward to more companies tapping on the SGX Mainboard to access international investors and capital as well as raise their public profile."

"SGX and BOC had signed a memorandum of understanding in September 2013 to strengthen collaboration in both the Singapore and China financial markets, which will help us capture opportunities in China s growing financial markets," he added.

Wang Yan, Assistant General Manager and Assistant Country Head, Bank of China, Singapore Branch, said, "We are pleased to be accredited as an issue manager by SGX. The near-term focus of our investment banking business is on bringing quality Chinese assets to list on SGX in the form of Real Estate Investment Trusts (REITs) or Business Trusts. We look forward to a successful and cooperative relationship with SGX by working together to further develop the Singapore REITs and Business Trust market."

"Having acquired the Qualifying Full Bank license from the Monetary Authority of Singapore since October 2012, we can now offer a full range of investment banking products and services to our clients. Together with our other business lines such as corporate banking, retail banking, trade financing and international trade settlement, we are committed to be one of the leading one-stop providers of financial products and services to our customers from Singapore, China as well as the surrounding region," she added.

The accreditation of BOC brings the total number of SGX-accredited Mainboard listing issue managers to 42.

End

Attachments

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