“A vibrant equities market is a major pillar of every financial centre, fuelling entrepreneurship, encouraging start-ups and venture capital, and overall economic growth,” said Koh Boon Hwee, chairman of Singapore Exchange Group, on Jan 2. UOBKH is the only listed broker on the SGX. It offers a wide range of corporate finance services, including financial advisory and investment banking, underwriting, and placement services for primary and secondary listings. UOBKH also provides a popular margin financing product.
On Jan 8, shortly after the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement, UOB Kay Hian (UOBKH) unveiled a list of Bursa-listed beneficiaries — prompting market watchers to suggest that, among the Singapore Exchange (SGX:S68
) (SGX)-listed beneficiaries, UOBKH is likely to be a front-runner, poised to benefit from a potential “double whammy”.
UOBKH stands to benefit from both the rise in foreign direct investments (FDI) into Johor, which is driving companies to raise capital and debt on the Bursa and the ongoing efforts to strengthen the Singapore equities market.
