
NTT Data just dropped $1.6 billion IPO plans - here's what Singapore traders need to know
Key Points
- SGX may finally celebrate with NTT Data Group's $1.6 billion...
When was the last time Singapore Exchange had something to genuinely celebrate? If you guessed "longer than my last profitable trade," you're probably right. NTT Data Group just announced plans for a $1.6 billion data center REIT IPO that could be SGX's biggest win since 2021 - which, let's be honest, feels like a financial lifetime ago.
The Exchange That Forgot How to Party
SGX has been watching companies pack up and leave faster than tourists fleeing a Singapore summer. More delistings than new listings isn't exactly the kind of trend you want to brag about at regional finance conferen...
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