
DollarsAndSense.sg
2021-04-11 11:36:01
Biggest Secondary Listed Companies On SGX: Prudential (K6S); Jardine Matheson (J36); Nomura (N33); IHH Healthcare (Q0F)
According to the Singapore Exchange (SGX), there are a total of 29 companies that are secondary listed on the SGX. A secondary listing allows companies to have their shares traded in multiple countries.
Some of us may already know that four prominent companies currently on the Straits Times Index (STI) are secondary-listed companies. These are Jardine Matheson Holdings (JMH), Jardine Strategic Holdings (JSH), Hongkong Land and Dairy Farm.
JSH, which is poised to be merged into a simpler entity within JHM (who owns about 85% of the company), will soon be delisted and also removed from the STI constituents from 13 April 2021.
Other than these, there are also other global companies that have a secondary listing on the SGX.
Prudential plc (SGX: K6S)
With a history spanning more than 170 years,