On 21 February 2025, the Monetary Authority of Singapore (MAS) announced that the Equities Market Review Group has recommended its first set of measures to enhance the development of Singapore’s equities market. These measures collectively aim to increase investor interest and deepen liquidity in Singapore’s equities market, facilitate the pipeline of quality listings and shift towards a more disclosure-based listing regime, and include some of the most significant changes proposed to the Singapore securities markets. This is the first step in MAS’s “multi-pronged, multi-year approach” to strengthening the competitiveness of Singapore’s equities market.
While most of these measures are centred on the pre-listing framework, we have prepared an update which summarises some of the measures which would be particularly relevant to existing issuers already listed on the Singapore Exchange.
We also invite you to read our Equity Capital Markets practice group’s update here which covers the other measures which were announced.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following:
Kevin HO
Co-Head – Corporate Governance & Compliance
d +65 6416 2555
e kevin.ho@wongpartnership.com
Click here to view Kevin’s CV.
Annabelle YIP
Senior Consultant
Principal Member – Corporate Governance & Compliance
d +65 6416 8249
e annabelle.yip@wongpartnership.com
Click here to view Annabelle’s CV.
Vivien YUI
Partner – Corporate Governance & Compliance
d +65 6416 8009
e vivien.yui@wongpartnership.com
Click here to view Vivien’s CV.
Jayne LEE
Partner – Corporate Governance & Compliance
d +65 6416 8256
e jayne.lee@wongpartnership.com
Click here to view Jayne’s CV.
Valerie LIM
Partner – Corporate Governance & Compliance
d +65 6517 8674
e valerie.lim@wongpartnership.com
Click here to view Valerie’s CV.