Kuala Lumpur: 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), stated that 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.

According to BERNAMA News Agency, AvePoint established a presence in Singapore in 2009 and has since fostered strong relationships with governmental organisations and corporations in the region. Singapore now serves as the company's Asia headquarters and international research and development hub. Dr. Jiang expressed confidence that the company's consistent execution and strong financial performance, particularly in the APAC region, will attract APAC-focused investors seeking high-quality B2B SaaS opportunities in the region.

Despite these developments, 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 currently serves over 21,000 customers worldwide, and its global channel partner programme includes more than 3,500 managed service providers, value-added resellers, and systems integrators. Its solutions are available in over 100 cloud marketplaces.