SGX Group's head of equities, Ng Yao Loong, said that the group is "committed to doing its part by equipping listed companies with the necessary tools and resources to enhance shareholder value, and enabling investors to make confident and more informed decisions".
The Singapore Exchange (SGX) says it will release more details of the new index on Sept 22.
The statement, sent later on Sept 12, came after Minister for National Development and deputy chairman of the Monetary Authority of Singapore (MAS), Chee Hong Tat, announced that the bourse will launch a new index tracking companies outside of the Straits Times Index (STI) at the Singapore Institute of Directors’ (SID) directors conference on the same day.
