With its new status as a full sponsor, KGI Fraser will be authorised to sponsor the listing of companies on Catalist as well as oversee their compliance with the exchange’s listing rules, and advise on corporate governance matters thereafter.
“We warmly welcome KGI Fraser to our family of full sponsors on Catalist. Catalist is an established platform to support expansion by growth companies, providing them with ready access to funding to help accelerate their growth plans,” said Mohamed Nasser Ismail, director of the bourse’s SME development and listings unit.
Catalist has a total of 169 listed companies with a combined market capitalisation of S$9 billion ($6.4 billion).
With the addition of KGI Fraser as a full sponsor, Catalist’s full sponsor pool has increased to 11 (with 69 registered professionals) and six continuing sponsors (with 18 registered professionals), the SGX said in a regulatory filing.
The exchange also revealed that it will continue to enlarge the pool of sponsors to cater to aspiring as well as existing companies on Catalist.