ICH Group has emerged as a key player in revitalising Singapore’s IPO market, acting as the anchor investor in recent successful listings on the Singapore Exchange (SGX) for companies such as Lum Chang Creations, Info-Tech, and Goodwill Entertainment. This move marks a significant turnaround following a slowdown in local listings during 2023-2024.
Koh Jin Hoe, Head of Capital Markets at SGX Group, highlighted the importance of such investments, stating, “We are encouraged by the strong and growing support from market participants, including ICH Group, as we roll out initiatives to strengthen Singapore’s equity market.”
With a 25-year history of supporting Singapore’s growth companies, ICH Group has invested over $1 billion in more than 200 SGX-listed companies since 2000. The group’s integrated platform, which includes ICH Asset Management, ADDX, and ICAPITAL, offers comprehensive solutions in asset management, private market access, and capital advisory services.
ICH Group also played a crucial role in the strategic spinoff of Yangzijiang Financial, enhancing shareholder value and positioning both entities for growth. The group’s involvement in the Qualified Domestic Limited Partner (QDLP) programme further channels long-term capital into Singapore’s markets, facilitating the listing of high-quality foreign companies on SGX.
Co-founder Vincent Toe remarked, “Whilst global markets face uncertainty, our QDLP partners see a generational growth opportunity in ASEAN’s digital and sustainable economies.” This strategic approach underscores ICH Group’s commitment to fostering long-term growth in the region’s capital markets.
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