The Mainboard caters to the needs of established enterprises. Companies seeking a listing on the Mainboard must meet the entry criteria, which includes minimum profit and/or market capitalisation levels.
Mainboard-listed companies enjoy the prestige of an established market place and access to the widest range of institutional and retail investors.
Companies may list via an initial public offer (IPO) with issue of new shares or offer existing shares to the investing public. For this, a prospectus has to be lodged with the Monetary Authority of Singapore (MAS) and prepared in accordance with the Securities and Futures Act (SFA) and the Securities and Futures Regulations (SFR).
The prospectus is posted on MAS’ website (OPERA) for a period of at least 7 days for public comments.