SGX CEO vague on potential Aramco listing, but says Singapore is 'well-positioned'

Jeffrey Tan
Jeffrey Tan10/9/2019 07:02 PM GMT+08  • 2 min read
SGX CEO vague on potential Aramco listing, but says Singapore is 'well-positioned'
SINGAPORE (Oct 9): Loh Boon Chye, CEO of Singapore Exchange, gave a vague response as to whether the listing of Saudi Aramco – touted as potentially the world’s largest IPO ever – could take place here.
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SINGAPORE (Oct 9): Loh Boon Chye, CEO of Singapore Exchange, gave a vague response as to whether the listing of Saudi Aramco – touted as potentially the world’s largest IPO ever – could take place here.

He also did not confirm nor deny that SGX officials have been diligently courting the world’s largest oil producer to list on SGX, which could potentially raise close to US$100 billion.

“I think we are as well-positioned as any other potential exchange,” he said during a panel discussion at the 59th World Federation of Exchanges General Assembly & Annual Meeting on Wednesday.

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