From greater voting rights to reduced shareholder influence, the recent public consultation on the introduction of dual class shares in Singapore presents both opportunities and challenges.
The race is on amongst Asia’s stock exchanges, as SGX faces intense competition against HKEx, KLSE and SET to capture an emerging market of start-ups.
With Singapore’s pro-business environment and strong fundamentals, niche sectors including technology, healthcare and biomedical technology, and professional services set to flourish.
"Singapore’s H1 2017 numbers suggest that apart from REITs and business trusts, niche sectors in the consumer space and professional services will be the next big growth opportunity for the local exchange. As SGX bolsters efforts in supporting technology start-ups, we can also expect to see more issuances from technology-driven activities."