Singapore Exchange's chief executive officer said his company is still in the running to win a listing of the shares of oil giant Aramco, Bloomberg reported on Friday.
"We're as good as any other exchange," Loh Boon Chye said in a Bloomberg Television interview in Riyadh, Saudi Arabia. "We stand as good a chance as any others."
At least half a dozen exchanges including those in New York, London, Hong Kong, Tokyo and Toronto are vying for a slice of Saudi Arabian Oil Co.'s IPO. The head of the kingdom's local bourse said earlier this week it's aiming for exclusive rights to host the share sale, Bloomberg report said.
The New York Stock Exchange and London Stock Exchange have been vying to win the international leg of the IPO, with Hong Kong and Tokyo also pushing to be part of any listing.
Saudi Arabia expects to value the state-owned oil producer at a minimum of $2 trillion, in what could be the world's biggest IPO.
Shares in Singapore Exchange rose 0.7 percent to S$7.66 in the early afternoon trades.