Grant to help companies list on SGX and boost research bears fruit

It has supported 11 of 17 IPOs on local bourse since January 2019, and seen rise in research coverage on SGX-listed firms

While the coronavirus pandemic has had an impact on listings globally, the Singapore Exchange (SGX) has seen an increase in interest in recent weeks, as various markets and economies reopen. SGX global head of equity capital markets Mohamed Nasser Is
While the coronavirus pandemic has had an impact on listings globally, the Singapore Exchange (SGX) has seen an increase in interest in recent weeks, as various markets and economies reopen. SGX global head of equity capital markets Mohamed Nasser Ismail says the bourse expects some companies to uphold their plans to seek access to capital, and the SGX will support its listed companies in their fund-raising needs and profiling efforts. ST PHOTO: KELVIN CHNG
The Monetary Authority of Singapore said the take-up for the research talent development scheme has been progressing well, with about 10 research houses having committed to hiring nearly 50 fresh graduates and experienced analysts over the next three
The Monetary Authority of Singapore said the take-up for the research talent development scheme has been progressing well, with about 10 research houses having committed to hiring nearly 50 fresh graduates and experienced analysts over the next three years. ST PHOTO: KUA CHEE SIONG
Sue-Ann Tan
Business Correspondent
Updated
Sep 17, 2021, 09:39 AM
Published
Aug 03, 2020, 05:00 AM
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A $75 million grant launched last year to raise Singapore's status as a financial hub has borne fruit, by helping companies to list on the bourse and support research initiatives.

The Grant for Equity Market Singapore supports companies that want to list on the Singapore Exchange (SGX) by defraying part of their costs. It also aims to strengthen Singapore's research coverage of enterprises by grooming equity research talent, and support initiatives to propel the equity research ecosystem.

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A version of this article appeared in the print edition of The Straits Times on August 03, 2020, with the headline Grant to help companies list on SGX and boost research bears fruit. Subscribe

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