AMTD Partners SGX to Promote Capital Markets Development
(8 May 2020 – Singapore) AMTD International, a subsidiary of Hong Kong-headquartered financial services group AMTD that was listed on the Singapore Exchange (SGX) in early April, entered into a partnership with SGX to promote the development of Singapore’s capital markets.
The two parties will also work together to strengthen market connectivity between Singapore, ASEAN, the Greater Bay Area, the rest of China and the Middle East.
This alliance will “further empower and enable both organizations’ corporate clients and partners in their capital raising activities, from private financing stages to connecting with public markets and expanding internationally,” SGX said.
AMTD International and SGX will also jointly explore using distributed ledger technology for the issuance and servicing of fixed income securities in Singapore, as well as the wider adoption of blockchain in capital markets, international payments and settlements, and trade finance.
Additionally, the two partners will collaborate on the Abu Dhabi AMTD Investment Bank Academy to support the next generation of investment bankers and connect Abu Dhabi with Singapore and other global capital markets.
According to the new Deal Makers: The IB Forecast research program from East & Partners and Dealogic, more than one in two large corporates in Singapore are planning to raise additional debt and equity in the next year.
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