Dear readers, I believe the formation of the Equities Review committee to look at ways to revigorate the Singapore stocks markets has continued to spark enthusiasm and interest among Singapore investors.
I have been reading commentaries both online and offline on what more should be done, apart from measures that were previously announced. Some others have commented that more reforms to the stock markets should not just be carried out, not also more rapidly.
Others have mooted the idea of a dual listing for some of the more well-known companies on bourses like the US bourses. On this note, I cannot but comment that our very own Singapore’s home-grown and popular company, Grab which has listed in US should also list on SGX via a dual listing.
Grab stock has not been performing well on the US stock market. Perhaps it is time for it to explore a dual listing on the Singapore bourse where there should be more interest and appreciation for the stock. This will inevitably help Grab stock in terms of its share price performance.