tokyo stock exchange, which owns 5% of SGX, is expressing concern at any further changes in australia's favour...so the present deal is likely the best offer...
question i have is what other mergers could singapore pursue?..i'm surprised they aren't looking at other asian bourses
if this deal falls over it will be a negative for ASX because other exchanges are getting bigger, faster and more liquid...australia will be seen as a very small one trick(materials)pony
the message is pretty clear...get bigger or deal with the consequences
asx not sing_sx, page-3
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