SE Asia's tech upstarts preparing IPO roadmap but are local bourses ready?

SE Asia's tech upstarts preparing IPO roadmap but are local bourses ready?

An electronic ticker board displays stock prices inside the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, Dec. 17, 2015. Photographer: Dimas Ardian/Bloomberg

Southeast Asia’s stock exchanges – hitherto dominated by state-linked enterprises, real estate and old economy sectors – may be in for a shift in profile as the bourses prepare for the growing crop of technology companies for relevance and revival.