SGX signs MOI with IMDA to lower barriers for tech companies to access capital markets

SINGAPORE (May 31): The Singapore Exchange (SGX) and Infocomm Media Development Authority (IMDA) today signed a memorandum of intent (MOI) under the witness of Singapore’s minster for communications and information, Yaacob Ibrahim.

Through the MOI, both parties aim to lower the access barriers for technology companies into the capital markets; catalyse more high-tech initial public offerings (IPOs); and increase Singapore’s attractiveness as a venue for capital raising, says SGX in an announcement on Wednesday.

This will be accomplished by creating a streamlined pathway for IMDA-accredited companies to leverage private and public capital markets in Singapore more efficiently for expansion.

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