Info-Tech Systems (SGX: ITS) became the first Singapore Exchange (SGX: S68) or SGX mainboard listing in two years, back in June 2025.
Next, NTT DC REIT (SGX: NTDU) became the largest REIT IPO on the SGX in a decade, drawing in anchor investors such as the Government Investment Corporation (GIC).
The momentum has spilled over into SGX’s second board, Catalist, with Lum Chang Creations (SGX: LCC) making its debut on 21 July.
Optimism has seeped into the local market with the Monetary Authority of Singapore’s (MAS) announcement of a S$1.1 billion injection into small and mid-sized companies to boost trading liquidity and valuations.
Can this feel-good feeling be sustained, and will it attract more new entrants to list on our shores? Let’s find out.
Performance of recent IPOs
First, let’s review the performance of the three recent IPOs.
Info-Tech Systems…
