Maybank Securities positive on MAS equities review given niche in mid-cap players: CEO Aditya Laroia
He remains optimistic on growth in Asean, barring uncertainty from US trade policies
[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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature