, Singapore
185 views
Photo from Shutterstock

SGX RegCo lifts moratorium on UOB Kay Hian

UOB Kay Hian can now resume managing IPOs and takeovers.

UOB Kay Hian Private Limited (UOBKH) can now act as an issue manager and full sponsor for IPOs and reverse takeovers on the SGX Mainboard and Catalist following the Singapore Exchange Regulation’s (SGX RegCo) decision to lift its previous moratorium.

In a release, the regulator said the brokerage firm took remedial action "to strengthen its policies and procedures for IPO and RTO transactions, including enhanced oversight on the activities of UOBKH’s Corporate Finance Department."

"Having considered the remedial actions that UOBKH has taken to address the recommendations, conditions and directions that SGX RegCo has imposed, SGX RegCo is lifting the Moratorium with immediate effect," the regulator said.
 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.