The Monetary Authority of Singapore (MAS) has announced the completion of the Equities Market Review Group’s assessment, unveiling several initiatives to bolster Singapore’s equities market. Key measures include a dual listing bridge between the Singapore Exchange (SGX) and Nasdaq, a S$30m “Value Unlock” package, and the appointment of a second batch of asset managers under the Equity Market Development Programme (EQDP).
The dual listing bridge aims to provide a streamlined pathway for companies to access capital across North America and Asia, targeting firms with a market capitalisation of S$2b and above. This initiative is expected to attract high-growth companies with global ambitions. The bridge’s regulatory framework is under consultation, with plans to launch by mid-2026.
The “Value Unlock” programme, backed by S$30m from the Financial Sector Development Fund, seeks to enhance investor engagement and shareholder value. It includes grants to improve corporate strategy and investor relations, alongside initiatives to boost communication and community collaboration.
MAS has also allocated S$2.85b to six asset managers, including BlackRock and Lion Global Investors, under the EQDP. This move aims to develop the local fund management industry and increase investor participation in Singapore equities.
Additional enhancements include modernising post-trade custody, reducing board lot sizes, and strengthening market-making capabilities. These efforts are designed to improve trading efficiency and broaden investor access.
With these initiatives, MAS aims to sustain momentum in Singapore’s equities market, which saw a 16% increase in average daily turnover in Q3 2025. The measures are part of a broader strategy to enhance the market’s attractiveness and support high-quality companies and startups.
