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SGX to make it easier for listed firms to raise funds
Sat, Dec 20, 2008
The Straits Times

By Dennis Chan, Deputy Money Editor

THE Singapore Exchange (SGX) is introducing new measures to make it easier for listed companies to raise money in these difficult times.

In a statement last night, the exchange said it was taking steps to facilitate secondary fund raising by listed issuers in a timely manner, following consultation with the Monetary Authority of Singapore (MAS).

The current credit squeeze has hampered companies trying to raise capital. Among the hardest hit are Singapore real estate investment trusts, which are finding it hard to refinance debts with banks.


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