<div id="readability-page-1"><div>SINGAPORE – A $30 million programme to help Singapore’s listed companies realise their full valuation potential opened for applications on Jan 16, Minister for National Development and the Monetary Authority of Singapore (MAS) deputy chair Chee Hong Tat announced.He was speaking at the launch of the Singapore Institute of Directors’ Launch of the SID Chairpersons Guild, which will support chairpersons of the boards of Singapore-listed companies. Mr Chee said the guild complements other efforts by MAS to enhance the attractiveness of the Singapore Exchange (SGX), such as the Value Unlock programme that was announced in November 2025.The initiative aims to help listed companies strengthen investor engagement and sharpen their focus on shareholder value creation through two grants. The Equip grant will help companies build foundational capabilities in corporate strategy, financial management, media training and investor relations, by defraying course fees for training in these areas. The grant will cover 50 per cent of the course fees, capped at $15,000. Meanwhile, the Elevate grant will enable companies with greater growth ambitions to tap professional consultants to refine their strategy, sharpen market positioning and strengthen shareholder communications.The grant will also cover 50 per cent of the fees, up to $200,000 per company. To be eligible for the Elevate grant, companies that apply need to have a minimum market capitalisation of $100 million if they are mainboard-listed, or a minimum market capitalisation of $80 million if they are Catalist-listed, among other criteria. “By refining strategic plans, engaging more effectively with investors, and communicating growth stories more clearly, companies can build confidence, improve valuations, and enhance liquidity over time,” Mr Chee said. Besides the two grants, SGX will organise investor days and hold outreach events. This will give companies the chance to engage with fund managers that are actively seeking companies with strong growth strategies and clear value creation plans. SGX managing director and head of capital market development Chan Kum Kong said the Value Unlock programme is important in heightening the focus and instinct for creating shareholder value. Improving investor relations is a vital part of the programme, as companies can attract more investors if they communicate well with them, he said. “As you increase the demand for your stocks, your valuation gets a re-rating or uplift.”Another aspect of the programme is helping companies with capital optimisation, so that companies can eventually enjoy returns that are higher than their cost of capital, which allows them to fund their growth plans and other activities. Mr Chan added that this can also benefit small-cap and mid-cap companies that might not have the capacity or resources in some areas, such as in engaging professional consultancies. He noted that other markets like Korea and Japan have also seen sustained growth through value-up programmes, despite some blips along the way due to macroeconomic conditions. Referring to the slew of measures Singapore introduced in 2025 to boost the local capital market, such as the $5 billion Equity Market Development Programme, Mr Chan said “we have already seen the market respond”.“But what we want to do as a market is to collectively level up, and we want to be able to sustain (the growth). I think that’s the important part.”<figure><figcaption>Minister for National Development and Deputy Chairman of Monetary Authority of Singapore Chee Hong Tat speaking to attendees at the launch of Singapore Institute of Directors Chairpersons Guild on Jan 16.ST PHOTO: AZMI ATHNI</figcaption></figure>Mr Chan also noted that measures like the Equity Market Development Programme by MAS represent the work that has been done to boost liquidity and increase demand among investors. But now, SGX has to work on the supply side with the Value Up programme, he added. “If a company is obscure and has not communicated with investors, then they are not discovered and there will be a mis-price in the market,” he said. “But if the company is able to tap into the grants provided, it can transform. It is able to, for instance, identify a new strategy, communicate that well and then it will be priced correctly. There’s already a pool of demand waiting to come in.”Companies that meet the qualifying criteria and are interested to apply for the programme can email SGX at ValueUnlock@sgx.comfrom Jan 16.</div></div>

新加坡交易所

一項價值 3000 萬美元的計劃於 1 月 16 日開始接受申請，旨在幫助新加坡上市公司最大化其估值潛力。該計劃由李顯龍部長宣佈，包含兩個補助金：Equip 補助金，覆蓋最高 15000 美元的培訓費用的 50%；以及 Elevate 補助金，覆蓋最高 20 萬美元的諮詢費用的 50%，適用於市值至少為 1 億美元或 8000 萬美元的公司。該計劃旨在增強投資者參與度和股東價值創造，同時配合其他努力提升新加坡交易所的吸引力

旨在幫助新加坡上市公司提升價值的補助現已開放申請