8VI (ASX:8VI) still mulling over Singapore listing

• Singapore-based ‘FinEduTech’ company 8VI (8VI) is still exploring plans for a secondary listing on the Singapore Stock Exchange
• The company revealed its proposal on June 8, saying the group would take until the last quarter of 2021 to decide
• The secondary listing would allow Singaporean and Malaysian investors and clients to participate in and benefit from 8VI’s growth
• Shares in 8VI remain steady today at $4 each as of 1:06 pm AEDT

Singapore-based ‘FinEduTech’ company 8VI (8VI) says it’s still exploring plans for a secondary listing on the Singapore Stock Exchange.

The company announced its proposal on June 8, saying the group would take until the last quarter of 2021 to decide.

According to the most recent announcement, the decision is still being assessed with no new deadline revealed.

The June announcement claimed the reason for a secondary listing was to allow Singaporean and Malaysian investors and clients to participate in and benefit from 8VI’s growth.

The board said the secondary listing would also boost credibility with regulators and strategic partners close to home.

Shares in 8VI remain steady today at $4 each as of 1:06 pm AEDT.