What is a sponsor for catalist?
Sponsors are authorised and regulated by SGX through strict admission criteria and subject to continuing obligation under the Catalist Rules. Sponsors will in turn determine the suitability of a company to list and supervise listed companies’ compliance with their continuing listing obligations.
What is catalyst in SGX?
Overview. Catalist caters to the needs of fast-growing enterprises. Companies seeking a primary listing on the Catalist must be brought to list by authorised Full Sponsors via an initial public offering (IPO) or a reverse takeover. There are no quantitative entry criteria required by SGX.
What is a SGX sponsor?
The Catalist regime has two types of Sponsors – Full Sponsors who generally conduct introducing activities including preparing companies for an IPO on Catalist – and Continuing Sponsors who work with companies on continuing listing obligations.
What is a full sponsor?
Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor, is known as the sponsor.
Why do sponsors stay in the catalist game?
Sponsors are vital to the Catalist board of the Singapore Exchange (SGX). They assess the suitability of companies that want to list on the board and assist them in doing so. They also ensure that Catalist-listed companies are in continuous compliance with SGX listing rules.
What is Singapore catalist?
Singapore stock exchange. Page 1. SGX Catalist is the first sponsor-supervised listing platform in Asia for local and international growth companies. An issuer applying. for admission to SGX Catalist need not meet any minimum operating track record, profit or share capital requirement but is expected.
What is sponsorship fee?
Sponsorship Fees means any fees collected from the sale of any and all title, secondary, and other Sponsorships, including App Sponsorships, Website Sponsorships, and Physical Sponsorships.
How many companies are on catalist?
215 companies
As of May 2020, there were 215 companies listed on Catalist and 20 sponsors. Of the latter, 16 are full sponsors and four are continuing sponsors.
What is the role of a Catalist sponsor?
Our principal scope of services as a Catalist Sponsor is to advise and guide our sponsored issuers in relation to their continuing listing obligations under the Catalist Rules.
Why choose SAC Capital as your Catalist sponsor?
SAC Capital is one of the leaders in the market in the Catalist Sponsorship space. Our principal scope of services as a Catalist Sponsor is to advise and guide our sponsored issuers in relation to their continuing listing obligations under the Catalist Rules.
Why are SESDAQ-listed companies in Singapore wary of sponsors?
On the Singapore front, some SESDAQ-listed companies expressed concerns about the experience of the sponsors and the possible increase of overhead costs, which might be exacerbated by the limited supply of experienced sponsors.
What is the sponsor’s role in post-listing?
Post-listing, the sponsor’s duty is to advise and guide the issuer on compliance with its listing obligations. Where other professionals are involved, the sponsors have to be satisfied with their suitability and competence.