What are the strengths and weaknesses as of today, since the Catalist board was set up in 2007?
Synopsis: Senior columnist Ven Sreenivasan offers you an extra edge in managing your hard-earned money.
In this episode, Ven hosts Ong Hwee Li, the chief executive officer of SAC Capital. SAC specialises in areas like investment banking, corporate mergers and acquisitions, initial public offerings and equities research.
They look at the profile of a segment of the Singapore market, Catalist. Sometimes referred to as the “junior board”, the Catalist board was set up in 2007 to cater for companies which do not meet the full earnings track record or compliance requirement for mainboard listing.
Today, there are about 207 Catalist companies listed on the Singapore Exchange, whose total market cap is about S$642 billion. Catalist companies account for S$8.5 billion of this.
SAC Capital is particularly known as a sponsor of companies which come to market via Catalist listings.
Does Mr Ong see non-sponsor activities being a conflict for such sponsors? How can such sponsors help Catalist companies to become better, improve their reputation and standing on the SGX?
Highlights (click/tap above):
1:40 Stagnant Singapore equities market? Delistings overtaking new listings, and is there a lack of communications between listed companies and the markets?
3:30 On 'hidden gem' Catalist stocks; what is the role of a Catalist sponsor?
5:16 How SAC Capital prevents breaches from happening; what happens if Catalist sponsors are removed?
7:13 Are non-sponsor activities a conflict for sponsors?
8:20 How can sponsors help Catalist companies to become better, and improve their reputation and standing on the SGX?
Produced by: Ven Sreenivasan (
[email protected]), Ernest Luis, and Teo Tong Kai
Edited by: Teo Tong Kai
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