NTT DC REIT’s flat trading debut shows Singapore’s struggle to revive a ‘lackluster’ stock market
NTT DC REIT’s IPO was supposed to be a shot in the arm for Singapore’s flagging equity market, decried by analysts as “lackluster” due to its lack of growth stocks and tiny number of listings. NTT’s IPO had everything: It was oversubscribed, boasted sovereign wealth fund GIC as a cornerstone investor, and was tied to … Read more