In a CNA article, Stefanie Yuen Thio commented on new measures proposed by the Monetary Authority of Singapore’s Equities Market Review Group, including a “dual listing bridge” that would let companies use a single set of offering documents to list on both SGX and Nasdaq.

The report also highlighted MAS’ “Value Unlock” programme, which earmarked $30 million across two grants to help listed companies build competencies in corporate strategy, capital optimisation and investor relations, alongside a S$5 billion Equity Market Development Programme to channel liquidity into lesser-known but good-quality stocks.

Stefanie’s views were featured in her capacity as joint managing partner of TSMP Law Corporation and a member of the Corporate Governance Advisory Committee. She said the dual listing bridge made it clear that Singapore was “going all out” to attract listings of large, high-quality companies. With geopolitical tensions still running high, she noted that it made sense for companies to develop an investor base on both sides of the world, and that an SGX–Nasdaq dual listing would provide 24-hour coverage and trading of stocks without making the issuer appear overly US-focused.

She added that the $5 billion allocated to asset managers would pump “much-needed” liquidity into lesser-known but good-quality counters, while cautioning that markets could not be lifted by capital injections alone.

The article also noted that, to support the “Value Unlock” programme, the Singapore Institute of Directors would be launching a series of programmes to help directors develop competencies in corporate strategy, capital optimisation, investor relations and stakeholder engagement.