Grants by Spring & SGX lead to IPO listings
Joint initiative addresses financial management capability gaps, to give SMEs easier access to capital markets
Singapore
AN initiative by Spring Singapore and the local bourse operator Singapore Exchange (SGX) to position small and medium-sized enterprises (SMEs) here for easier access to capital markets has bore fruit.
Traditionally, SMEs - which do not usually have robust risk management systems or strong internal controls - faced difficulties in raising funds for growth, as investors question their financial management capabilities.
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