Supporting Singapore Equities - RHB Research 2025-02-24: This Time It Is Different

• We applaud the initial set of measures that have been announced by the Monetary Authority of Singapore’s (MAS) Equities Market Review Group (EMRQ) to support the revival and growth of Singapore’s equity markets.
• There have been a series of piecemeal initiatives that have been put in place since 2018, with most of the efforts focused on supply-side measures (e.g. investment funds to support high-growth companies, grants to defray listing and research costs). This is the first time the demand side of the equation has been addressed. As such, the announced measures do take a more holistic approach in addressing the issues that have been plaguing the Singapore equities markets.

It is definitely a move in the right direction

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• The other large positive moves are:
  1. The tax exemption for qualifying income from fund management and investment advisory activities related to funds that invest at least 30% of the assets under management (AUM) in Singapore-listed equities, and
  2. the requirement for newly established Singapore-based SFO with an AUM of at least S$200m to invest at least S$50m in equities listed on Singapore-approved exchanges.

To attract more listings on SGX

• Read more at SGinvestors.io.

Shekhar Jaiswal RHB Securities Research | https://www.rhbgroup.com/ 2025-02-24 SGinvestors.io

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