early last month, has entered into a long-term strategic partnership with the bourse operator to promote the development of Singapore's capital markets, it said in a filing on Tuesday.
The firm will work with SGX to meet a growing need for improved capital market access to Singapore and beyond, and strengthen connectivity between Singapore, Asean, the Guangdong-Hong Kong-Macau Greater Bay Area, the rest of China, and the Middle East. AMTD International parent AMTD Group has built a multi-dimensional, cross-sector ecosystem named SpiderNet to connect and promote collaboration between its partners, including shareholders, clients, government bodies, academic institutions, and industry associations.
AMTD Group said the"strategic alliance" with SGX would empower both organisations' corporate clients and partners in their capital-raising activities, from the private financing stage to connecting with public markets and international expansion. 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.
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Source: The Straits Times - 🏆 8. / 63 Read more »