“Expanding research coverage to pre-IPO companies helps raise awareness of pre-IPO companies, which better supports investor demand and valuations when such companies eventually IPO in Singapore,” says the review group.
As part of the slew of first set of market revival measures, there will be further support to expand research coverage of smaller cap counters.
The equities market review group will allow research grants to be expanded to include research coverage of pre-IPO companies and not just those already listed here.
