Singapore Exchange Launches Indonesia-Singapore Depository Receipt Linkage; Shares Down 3%

MT Newswires

10/16

Singapore Exchange (SGX:S68) launched the Indonesia-Singapore Depository Receipt Linkage, according to a Thursday filing with the Singapore Exchange.

The DR launched with an inaugural batch of Singapore Depository Receipts, following an agreement between the SGX Group and the Indonesian Stock Exchange in 2024.

Through the partnership, investors in the city-state can access Indonesia-listed securities through local brokers during market hours.

Shares of the company were down nearly 3% in Thursday trading.

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