Good corporate governance improves access to capital, enhances competitivenessss

On Sept 18, Tan Boon Gin, CEO, Singapore Exchange S68 Regulation (SGX RegCo), in a speech at the Singapore Institute of Directors Briefing to the Asean Corporate Governance Association, acknowledged that Singapore’s largest new economy unicorns such as Sea and Grab have listed on the NYSE and Nasdaq.

“It is no secret that our biggest new economy companies have chosen to list in the US using a dual-class share structure, nor is it a secret that such structures have become increasingly normalised for investors. In the same way as the EU has recognised, we can rail against the tide, or we can have a dual class share regime for such companies to come home or stay home,” he says.