TWSE, KPMG Host Singapore Event to Attract Southeast Asian IPOs

SINGAPORE and TAIPEI, July 14, 2025 /PRNewswire/ -- The Taiwan Stock Exchange (TWSE) partnered with KPMG Taiwan for a networking event in Singapore to attract Southeast Asian firms to its capital market, drawing over 60 representatives from high-growth companies and venture capital firms eyeing initial public offerings (IPOs).

"Singapore's dynamic economy and forward-looking policies create a vibrant hub for innovation, and we see immense potential for collaboration with Taiwan's capital market to drive regional growth and empower Southeast Asian enterprises," said Mr. Wu Wen-Chung, Head of the Economic Division at the Taipei Representative Office in Singapore, at the opening of the "Taiwan Capital Market and Innovation Networking Event" on July 9.

"Our goal is to deepen ties with Southeast Asia's innovation ecosystem, encouraging leading firms to list in Taiwan while supporting Taiwanese companies' global expansion," said Ms. Tu Hui-Chuan, Senior Executive Vice President of the TWSE. She highlighted Taiwan's ambition to become a regional hub for innovators, noting the capital market's strong performance in 2024, with 36 new listings marking a 12-year high and IPO fundraising reaching a record $1.35 billion. Among the 31 IPO applications, over 40% came from emerging sectors, and the upgraded Innovation Board 2.0 was spotlighted as a key draw for innovative firms.

The event highlighted TWSE's market strengths, including streamlined listing processes and investor-friendly regulations. It showcased how Taiwan's financial market supports diverse industries, from technology to advanced manufacturing, encouraging Southeast Asian firms to consider Taiwan for IPOs and fostering cross-border business collaborations.

During the July 8-11 visit, one of several overseas trips in 2025 to promote Taiwan's capital market, TWSE met with Singapore-based innovative firms, including startups in fintech and green technology, to discuss listing opportunities and market entry strategies. These engagements aim to capitalize on Southeast Asia's burgeoning startup ecosystem.

The initiative, part of TWSE's "Southeast Asia Innovation Capital Platform," leverages KPMG's regional expertise to strengthen ties with Southeast Asia's startup ecosystem. TWSE aims to transform its Innovation Board into the "NASDAQ of Asia" by offering flexible listing criteria tailored for high-growth tech firms. The platform also seeks to position Taiwan as a leading asset management hub in Asia, capitalizing on the region's digital economy, driven by e-commerce, fintech, and logistics.

Looking ahead, TWSE plans to sustain its outreach through the platform, using KPMG's local networks to deepen engagement with Southeast Asia's innovation ecosystem. With the region's startup scene poised for steady growth, TWSE's efforts signal a strategic push to connect regional innovators with global capital, building on Taiwan's reputation for accessible capital markets and a supportive environment for tech-driven firms.

About TWSE

The Taiwan Stock Exchange (the "TWSE") started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market.