migme success sets scene for more Asian ASX-listings

Efforts by the Australian Securities Exchange to beef up the local listed tech sector got a boost on Monday with two new issues from offshore. Emerging market-focused social entertainment platform migme became the first Singapore-based company to list in Australia.
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Why the ASX is in a “perfect position” to reap the benefits of booming demand in south-east Asian markets

Why the ASX is in a “perfect position” to reap the benefits of booming demand in south-east Asian markets.
MigMe managing director Steven Goh says the ASX has a real opportunity to attract a growing number of technology companies looking to list in the region.
The Australian-founded Singapore-based company is set to begin trading on the ASX […]

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Foxconn Mobile Unit Invests in Social Media Platform

A unit of Taiwan-based Foxconn, which produces most of world’s iPhones and iPads, is investing in Singapore-based social media platform mig33, another sign that the manufacturer wants to diversity its operations as revenue from consumer-brand clients slows.
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