Stefanie Yuen Thio was quoted by The Business Times as one of the capital markets voices responding to SGX RegCo’s latest listing-rule changes.
SGX RegCo has moved to streamline and liberalise the regime to make Singapore a more attractive listing venue: the mainboard profit test has been cut from S$30 million to S$10 million (with a three-year track record), while key governance safeguards such as unmodified audit opinions and conflict-of-interest checks remain in place. From 29 Oct, the rules also remove the financial watch list, limit trading suspensions to clear going-concern issues, and replace broad halts with two-week “trade-with-caution” alerts; issuers that are still viable may apply to resume trading. Overall, the reforms mark a shift to a faster, more disclosure-based model aimed at reducing friction and improving price discovery.
The coverage ran online and in the broadsheet’s print edition (pp. 1–2). Of the comments Stefanie shared with reporter Ranamita Chakraborty, she was quoted as saying that the changes balance “a more sophisticated market with some high risk areas still getting closer regulatory oversight”.