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(24-10-2024, 07:18 PM)dreamybear Wrote: So a shareholder raised his/her concerns on the company share price which IPOed in Catalist some years back.
It might be easy to say investing comes with risk, one shd do own due diligence, etc etc. Ok, valid points.
At the same time, when I look at the description of Catalist, its purpose is to cater to fast-growing enterprises. So how is a fast-growing enterprise assessed (e.g. by Sponsors), or what shd OPMIs be expecting ?
https://www.sgx.com/securities/catalist
"The ideal platform for fast-growing enterprises seeking a primary listing.
Catalist caters to the needs of fast-growing enterprises"
hi dreamybear,
"Fast growing enterprises" is the marketing talk by SGX who collects the fees. The below description of Catalist is probably closer:
There are no quantitative entry criteria required by SGX
Beyond the above, I reckon Catalist are for companies who do not wish to pay mainboard listing fees. In durian parlance, if you don't wish to pay for pahang blackgold highland msw, there is cheaper johor msw.
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.