KUALA LUMPUR, Jan 27 (Bernama) -- AvePoint, a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading Limited (SGX-ST), in addition to its current Nasdaq Global Select Market listing.
Its Chief Executive Officer and Co-Founder, Dr Tianyi Jiang (TJ) said this move aligns with AvePoint’s strategy to broaden its presence in the Asia-Pacific (APAC) region, where the company has built a strong track record.
“We established a presence in Singapore in 2009 and since then have fostered strong relationships with governmental organisations and corporations in the region; today, Singapore serves as our Asia headquarters and international R&D hub.
“Finally, we believe that our consistent execution and strong financial performance, both globally and particularly in APAC, will make us attractive to APAC-focused investors seeking in-region high quality B2B SaaS opportunities,” he said in a statement.
However, the company has not yet finalised the timing, terms, or conditions for the listing and may ultimately decide not to proceed with the SGX-ST listing.
AvePoint has over 21,000 customers worldwide and its global channel partner programme includes over 3,500 managed service providers, value added resellers and systems integrators, with its solutions available in more than 100 cloud marketplaces.
-- BERNAMA
