Mr Kong added that the company plans to channel proceeds from the IPO into expanding across its existing markets.
“We are focusing on Japan as our core market, because … we are very lowly penetrated in Japan. There’s a lot of growth potential in Japan,” he said.
Mr Pol de Win, SGX Group’s head of global sales and origination, said the exchange is seeing growing diversity among companies seeking listings.
“We’re looking to get more higher growth companies onto our platform,” he pointed out.
“If we see some of the deals that came through in the recent six to nine months, we also see that diversity is building up with AvePoint, Info-Tech, UltraGreen.ai, MetaOptics, a number of higher growth companies in the new economy space.”
SGX is on track to execute 27 listings across the board, said Mr de Win, adding that it would be disappointing if the exchange does not surpass that figure by a significant margin in the coming year.
While the REIT sector remains important, newer sectors are beginning to emerge, he said.
“Within sectors that are more familiar to us already historically in the REIT space, we’ve seen very sizeable deals happen. I think that will continue, but also there we see changes towards a new economy with digital infrastructure assets, such as data centre providers coming through.”
Mr de Win also highlighted the rise of local companies such as JustCo entering the public market, saying he is “super excited” by the developments.