Despite Singapore being a major global financial hub, the acquisitions of Chartered Semiconductor Manufacturing Ltd by GlobalFoundries and Verigy Ltd by Advantest Group had left semiconductor giant Flex Ltd (NASDAQ: FLEX) as the only Singapore ADR trading on a major US exchange like the NYSE or the Nasdaq.
Today, there are more than two dozen Singapore ADRs trading on major US stock exchanges (albeit several are shell companies) with ride hailing and delivery app Grab Holdings Limited (NASDAQ: GRAB / GRABW) being the best known Singapore ADR. However, Grab Holdings, as with many Singapore stocks, would have most of its operations and generate most of its revenues from outside of Singapore.
In addition, Aberdeen Asset Management offered the Aberdeen Singapore Fund Inc (NYSE: SGF) as a Singapore closed-end fund. However and in April 2018, the Aberdeen Emerging Markets Equity Income Fund, Inc. (NYSE: AEF) completed the reorganizations of several emerging market closed-end funds into the Aberdeen Chile Fund, Inc and the consolidated fund was renamed the Aberdeen Emerging Markets Equity Income Fund, Inc trading on the NYSE American Exchange under the ticker symbol “AEF.”
For a better understanding of the risks associated with investing in Singapore ADRs or stocks, check out our following article posted on Seeking Alpha: The Singapore Story: No Longer A Sure Thing For Investors?
Note: Stocks delisted from the OTC (whether due to mergers, acquisitions or for other reasons) have been left in the table (as their websites still provide a good feel for the company and the local market) and may still trade on local or important European (e.g. London) or other Asian (e.g. Hong Kong) stock exchanges. They may also be holdings of country or region specific ETFs or Indices.
List of Singapore ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
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Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
The Singapore Exchange (SGX)
The Singapore Exchange (SGX) was formed on December 1, 1999, as a holding company for some former exchange companies, namely Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services Pte Ltd (SCCS). The SGX is considered to be Asia’s most international exchange with more than 40% of listed stocks originating outside of Singapore. In addition, the SGX is consistently ranked as the world’s most active trading centres, beside London, New York and Tokyo.
Here are some useful English news resources for investing in Singapore ADRs or stocks or about Singapore in general:
For additional resources for investing in Singapore ADRs or stocks, check out all of our Singapore tagged articles/links.