Oslo Børs and SGX sign secondary listings deal

OSLO, July 8 (Reuters) – Oslo Børs said on Wednesday it had signed a deal with Singapore Exchange (SGX) to cooperate on secondary listings for companies within energy, oilfield services and shipping sectors.

“A cooperation between SGX and Oslo Børs underscores the fact that both Singapore and Norway have long and, to a large extent, similar traditions with regards to shipping and energy related sectors,” Chief Executive Bente Landsnes at Oslo Børs said in a statement.

SGX and Oslo Børs will make rules and procedures for listings more similar to give companies an opportunity to diversify their shareholder base and get access to capital in a new market, the Børs said.

Oslo Børs ASA was founded in 1819 and offers the only regulated markets for securities trading in Norway today. The marketplace Oslo Børs is constantly bringing domestic and international investors together with world class issuers in a fully regulated environment. Investor protection and market surveillance combined with attractive products are at the heart of our dedication to offer quality markets to our users. Oslo Børs offers a full product range including equities, derivatives and fixed income instruments.

Source: CNBC / Oslo Børs.

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