(Singapore) – Singapore’s Monetary Authority (MAS) is introducing new measures on initial public offerings (IPOs) July 1 mainly focussed on enhanced disclosure for investors.The move is also seen by MAS as an enabler of a greater variety of investment products to be offered to the markets, including bond issuance where issuers will be able to make multiple offers under a debenture issuance programme.
Fund managers will also be allowed to offer foreign funds directly to the public, instead of, more expensively, solely through feeder funds.