MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
They will include government grants, toolkits, and an expanded suite of engagement platforms
[SINGAPORE] The Republic will be announcing more details of its “Value Unlock” programme in November, said National Development Minister and Monetary Authority of Singapore (MAS) deputy chairman Chee Hong Tat.
These are measures to help listed companies deliver greater shareholder value and actively engage shareholders on their business plans, he said at a DBS event on Wednesday (Oct 22).
In September, he said that Singapore was looking to introduce a programme that will help companies unlock shareholder value and improve investor engagement capabilities.
The measures will include government grants, toolkits, and an expanded suite of engagement platforms.
MAS will also “soon” consult on proposals to enhance investor recourse avenues with proper safeguards “so we do not become an overly litigious society”, Chee said.
In the next few weeks, MAS and the Singapore Exchange Regulation will also issue public consultations that will lay out proposals to streamline the listing process that they are both involved in.
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Chee also said that the central bank is “on track” to make a second batch of manager appointments under the S$5 billion Equity Market Development Programme by this year.
This second batch includes a mix of global, regional and local managers with good capabilities in Singapore equities, such as proven track records in attracting institutional flows and broadening market liquidity, he said.
The first batch – Avanda Investment Management, Fullerton Fund Management, and JP Morgan Asset Management – were appointed in July.
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The MAS’ equities market review group is set to complete its review by the end of 2025.
The minister noted that the proposals have already seen “some green shoots”, with average daily turnover in Singapore equities up 16 per cent at S$1.53 billion in the third quarter of 2025, the strongest level since Q3 2021.
He said that Singapore will focus on four strategic priorities to strengthen its position as an international financial centre in Asia.
It will build on its competitive strength in key areas including asset and wealth management, insurance, foreign exchange and capital markets, and establish new growth pillars, such as in artificial intelligence.
It will also strengthen regional and global connectivity by deepening trade, payment and financial linkages, and its talent pipeline.
“Singapore is well-positioned to be a trusted hub and gateway in Asean to support the region’s growth,” Chee said.
“To play this important role, we need to maintain our economic competitiveness, remain open to global talent and capital, and stay connected with the world.”
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