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A more robust sponsor-based regime for Catalist is needed

But taking this route is likely to drive up sponsor fees - and companies listed on Catalist are particularly cost-sensitive. Balancing these two imperatives will not be easy.

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It may be timely to assess how Catalist companies have performed and whether this board is meeting its objectives. Only six companies have made the leap to the Mainboard since 2015.

LAUNCHED in November 2007, the sponsor-based Catalist board welcomed its first sponsor-approved listing in June 2008, when Mencast Holdings raised S$6.3 million. JK Technology Group was the first SESDAQ company to transfer to Catalist in March 2008.

Over the last 10 years, Catalist...

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