Singapore's S$5 Billion Securities Market Development Plan: SGX Simplifies Listing, GIP Family Office Requirements Adjusted
On Feb 21, the MAS Securities Market Review Panel announced a S$5 billion EQDP to boost the local stock market. Simultaneously, SGX will expedite and simplify corporate listing processes to attract more IPOs. Additionally, the government will adjust the EDB's GIP, requiring single family office applicants to invest at least S$50 million in Singapore-listed stocks to strengthen market fund inflows.
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