On 15 May 2025, the Monetary Authority of Singapore (MAS) issued a consultation paper outlining proposed amendments to streamline prospectus disclosure requirements and facilitate the profiling of offers, which were among the measures identified in the 21 February 2025 announcement. This follows the announcement on 21 February 2025 by the Equities Market Review Group of its first set of measures aimed at strengthening the competitiveness of Singapore’s equities market.
In this update, our Head of Equity Capital Markets Gail Ong as well as Partners Karen Yeoh and James Choo, summarise the key amendments proposed by MAS, which fall into three main areas:
(a) Streamlining prospectus disclosure requirements for primary listings;
(b) Simplifying the process for secondary listings; and
(c) Providing greater flexibility and scope for engaging investors during the initial public offering process.
We intend to put a response together to the Consultation Paper by the closing date of 14 June 2025. You are welcome to approach our Partners Gail Ong, Karen Yeoh and James Choo if you have any questions or comments on the Consultation Paper.
Gail ONG
Head – Equity Capital Markets
d +65 6416 8205
e gail.ong@wongpartnership.com
Click here to view Gail’s CV.
Karen YEOH
Partner – Equity Capital Markets
d +65 6416 2482
e karen.yeoh@wongpartnership.com
Click here to view Karen’s CV.
James CHOO
Partner – Equity Capital Markets
d +65 6416 2418
e james.choo@wongpartnership.com
Click here to view James’ CV.