Positive reaction to market reforms opens door to broader enhancement of growth capital sector
The result could be a bigger pipeline of new listings, and some struggling listed companies going private
[SINGAPORE] Back in November, this column said the Monetary Authority of Singapore (MAS) ought to slow-walk the allocation of billions of dollars to fund managers under the Equity Market Development Programme (EQDP).
With stock valuations becoming stretched, and growing concerns of a global market sell-off, the dry powder would have helped stave off potential volatility in the local market.
It seems that I was worrying about nothing.
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