Smartkarma Webinar | Dual Listings in ASEAN: Trends and Drivers

In the next installment of our Webinar series, in collaboration with ASEAN Exchanges, we go live with Smartkarma Insight Provider Angus Mackintosh.

• Dual listings between ASEAN Markets are a relatively new concept, which allows locally listed companies to list on another exchange in the region, often under a Depositary Receipt (DR) scheme.

• DRs can provide additional investment opportunities for domestic investors in the region, especially retail investors, and raise the profile of ASEAN as an attractive investment destination, creating larger pools of liquidity.

• By facilitating easier cross-border investment, this model aims to boost trading volumes, enhance the visibility of listed companies, and offer them access to a wider and more diverse investor base beyond their home market.

Join us as Angus Mackintosh shares his thoughts on the growing trend of dual listings in ASEAN, discussing the rise of Depositary Receipts, and which regional markets are leading this cross-border integration.

The webinar will be hosted on Wednesday, 16 July 2025, 16:30 SGT/HKT.

Angus Mackintosh has worked in equity sales and research for more than 25 years. He possesses in-depth knowledge of a wide range of companies, economies, and markets in Asia. Over his career, he has specialised in HK/China and ASEAN markets at various different investment banks, most recently heading equities in Indonesia for Bank of America Merrill Lynch in Jakarta for more than three years. In 2016, he joined Smartkarma as an insight provider, publishing research on the platform and working with business development to grow the platform.