Oslo, Singapore plan dual listings

ENERGY, offshore and shipping stocks on the Singapore and Oslo bourses will be the first to be listed jointly under a deal between the exchanges. The dual listing arrangement that will eventually cover all listed companies will be formalised at an MOU to be signed on 8 July, the Singapore Exchange said. “Singapore Exchange Ltd has concluded its discussions with Oslo Bors ASA on proposed co-operation relating to dual listings of companies listed on each other’s exchange,” the exchange stated on Friday. The proposed co-operation will initially focus on the energy, offshore and shipping sectors, which are key sectors common to both exchanges, the statement added.