MAS review group

Small and mid-cap firms hope Value Unlock measure will boost understanding of their businesses

This could lead to better market valuations and stronger investor confidence

Teo Joo Wah, CEO of Lion Global Investors  speaking at the LionGlobal Singapore Physical Gold Fund event last week.

Asset manager Lion Global Investors bets on mid-caps and gold investments

CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off

The SGX-Nasdaq dual-listing bridge will offer companies with market caps of S$2 billion or more the opportunity to list on both exchanges without much additional cost or effort.
MARK TO MARKET

SGX-Nasdaq dual-listing bridge may afford GIC, Temasek bigger role in revitalising local market

MAS says EQDP and the Anchor Fund @ 65 will support fundraising activity and trading liquidity on the new Global Listing Board

Fund managers note that valuations have been depressed due to low investor interest despite some companies having attractive fundamentals.

Making SGX small and mid-caps great again: MAS-appointed funds can lead the charge

Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could spark re-rating

Together, the Equip and Elevate Grants are designed to support listed companies at different stages of strategic development. Firms may apply for one or both grants depending on their specific needs and growth objectives.

‘Value Unlock’ programme will help companies bridge gap with investors: industry players

Two training grants of up to S$15,000 and S$200,000 per company will be made available

The reduction to 10 units from 100 units will apply to ordinary shares, real estate investment trusts, business trusts, company warrants, rights and depository receipts.

SGX to reduce board lot size to 10 units for securities above S$10

The move is among new measures proposed by the MAS Equities Market Review Group

Scheduled to go live around mid-2026, the framework enables companies with a market capitalisation of S$2 billion and above to pursue a dual listing on both Nasdaq and SGX through a single set of documents and a simplified review process.

Tech unicorns set to benefit from new SGX-Nasdaq dual-listing highway: observers

The new framework allows companies to pursue a dual listing on both Nasdaq and SGX through a single set of documents

To operationalise the “dual-listing bridge”, a new Global Listings board will be launched to complement the SGX mainboard and Catalist board.

One prospectus, two markets: SGX-Nasdaq dual-listing highway to debut in 2026

It is open to companies with a market capitalisation of S$2 billion and above

MAS' Equity Market Development Programme is widely seen to have spurred local market sentiment since it was introduced early this year.
MARK TO MARKET

Should the S$5 billion EQDP roll-out be slowed amid elevated valuations, global market risks?

Even if the worries of a disorderly correction are overblown, some richly priced stocks may struggle to deliver worthwhile returns over the next couple of years

The sheer size of UOB’s allowances in Q3 2025 suggests it is trying to “kitchen sink” the problem of higher NPLs
MARK TO MARKET

UOB could be Singapore’s top ‘value-up’ play

DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks