Singapore Parliament Passes Bill Allowing Dual Listing on SGX, Nasdaq

Singapore's Parliament passed a bill to allow companies to dual list on SGX and Nasdaq simultaneously. Some MPs raised concerns about firms maintaining liquidity after listing on the Global Listing Board.

Thu May 07 2026

Dual Listing Bill Passed by Parliament

Singapore's Parliament has passed a bill that permits companies to dual list on both the Singapore Exchange (SGX) and Nasdaq simultaneously. This initiative aims to broaden capital-raising opportunities and enhance global market access for companies by allowing them to be listed on two major stock exchanges. The passage of this bill is seen as a move to strengthen Singapore's competitiveness as a financial hub.

Concerns Raised Over Liquidity Maintenance

During the bill's passage, some Members of Parliament (MPs) expressed concerns regarding firms' ability to maintain liquidity after listing on the Global Listing Board. While dual listing may benefit companies in terms of capital raising, there were apprehensions that the dispersal of trading volume across multiple markets could potentially undermine liquidity in specific markets. Consequently, attention is now focused on how listed companies will manage liquidity going forward.

*Source: Channel News Asia (2026-05-07)*

Tags: #Singapore #SGX #Nasdaq #Dual Listing #Capital Markets