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Gazprom has entered the Singapore Stock Exchange
Gazprom received a listing on the Singapore Stock Exchange, its GDRs are included in the SGX-ST list and have been traded on the site since 17 am on June XNUMX, RIA Novosti reports.
"Our task is to become more understandable and familiar to Chinese investors, which is especially important after the signing of a gas supply contract with CNPC," RIA Novosti quoted the Vedomosti newspaper. If necessary, the company's prominence in this market can also facilitate the attraction of financing for the construction of the Power of Siberia gas pipeline.
The volume of trades will depend on market conditions, and the placement of Gazprom's receipts on the Singapore Exchange is not yet planned.