Maybank Securities positive on MAS equities review given niche in mid-cap players: CEO Aditya Laroia

[SINGAPORE] The Singapore government’s attempt to revive its local stock market is a much-needed move to boost Singapore’s financial hub status, and is already showing early signs of positive change, said Aditya Laroia, Singapore chief executive at Maybank Securities.

The review – which focuses on small to mid-cap companies in the city-state – will support a segment that “doesn’t get the right attention, but has a lot of value”, Laroia said in an interview with The Business Times.

In particular for the investment bank, whose niche is in the mid-cap segment, the review should present broad-based growth opportunities.