NOT A BAD THING FOR SMALLER FIRMS
Unsurprisingly, some have raised concerns about how small and medium-sized companies, especially those already struggling with tight operating margins, could face the strain of higher costs forced upon them by these new disclosure rules and compliance requirements.
But these are weak oft-repeated arguments.
For a start, companies list to raise capital and boost their profile. The decision to become a listed firm would have been made with full knowledge of the costs involved, which in Singapore, can be found publicly on SGX’s website. With listing comes compliance – it is a given, in any market.
