In 2019, there were 11 Initial Public Offerings (IPOs) listed on the Singapore Exchange (SGX). This is seven fewer than the 18 IPOs that listed in 2018, less than half the 24 IPOs in 2017. Based on the two IPOs that have listed in the first two months of 2020, it looks like the SGX is on course to see a similar number of IPOs as 2019 – around 12? At the same time, there have also been a string of delistings as well. They include well-known names like Global Logistics Property (GLP), Keppel T&T, M1, and many more in recent years. While this doesn’t necessarily bode well for the diversity of companies that we can invest in on SGX, this is a problem that even the established markets such as the US and UK face. On the other hand, SGX can take heart that the total amount raised in 2019