As a result, the Singapore industry has remained the region’s most unstable as a result of the region’s cash dried up, amount finding decreased, valuations dropped to the lowest, and new entries vanished.  ,
Delistings have also become a popular practice.
But had all this change with the proposed actions announced on Thursday night?
It’s very early to say. Despite that, it represents a step in the right direction to revitalize this sector. However, many more needs to be done.
THE TOWN SHERIFF
The most successful initiatives could be the elimination of the monetary” Watch-List” and the adoption of a more focused approach to post-listing queries, despite the proposals ‘ wide range of activities, including changes to the qualitative and quantitative listing conditions.
These businesses were successfully rendered out of the spotlight by the much-loved Watch-List, a “penitentiary” for businesses with multi-year losses and declining market capitalization. In the process, it shattered firm confidence and made it nearly impossible for these businesses to raise money.  ,
In the meantime, the broader market was alarmed and nervous by the intense and open-ended SGX RegCo questions, which frequently concern perceived strange stock price movements. When there is only one crook skulking in the far corner of the table, some people have compared this scenario to a town sheriff in a spaghetti Western who launches into a saloon with guns drawn and causes panic-stricken patrons to flee for safety.  ,
How will all of this affect the Singaporean nyse?
In reality, SGX RegCo’s recommendations align with one of the recommendations made by the Monetary Authority of Singapore’s ( MAS ) Equities Market Review Group in February. It specifically appeals to the assessment group’s$ 5 billion Equity Market Development Programme.
This plan aims to use bank managers and vetted institutional investors to invest this money in small and mid-caps that are not included in any indexes. The exact finance professionals are then expected to keep an eye on the businesses they invest in.  ,
In summary, some aspects of business supervision and safety will now be left to the discretion of the investor, but SGX RegCo will continue to provide backstop enforcement and surveillance functions.  ,