Investors can now read the initial public offering (IPO) prospectus with greater confidence. Today, the SGX Academy joins hands with the industry to launch a series of educational web-clips to help investors navigate through the wealth of information in the prospectus of IPO companies listing on Singapore Exchange (SGX).
Through the 5 to10 minute web-clips, market analysts from participating firms identify the key information in the prospectus to help investors better understand the business of the IPO company. Some of these key highlights include the company’s business, risk factors, composition of management and board, peer and industry information and more. The web-clips are based on information in the prospectus and no investment recommendation is given.
The first IPO in the series is Yamada Green Resources Limited (Yamada Green), which will be available from 1 October 2010 on the websites of Singapore Exchange, SGX Academy and participating members of this initiative.
http://www.sgx.com/wps/portal/marketplace/mp-en/investor_centre/investor_guide
Investors can look forward to more of such informative web-clips when new companies register their IPO prospectus on the Monetary Authority of Singapore (MAS)’s Offers and Prospectus Electronic Repository and Access (OPERA) system or SGX’s Catalodge. In addition, investors can also anticipate educational seminars on better understanding the prospectus in the coming months.
As part of its regular programme of public educational initiatives, the SGX Academy rolled out its first series of easy-to-use web-clips on “Reading Annual Reports” and “Preparing for Annual General Meetings” in both English and Mandarin in 2009. By making these resources available, SGX Academy seeks to empower investors with tools for a keener understanding of communication from listed companies which stands them in good stead to exercise their shareholder rights and privileges.
Background
SGX Academy is a unit under Singapore Exchange and responsible for capabilities development of market participants. It is a centre of excellence for professional trader education and training, as well as an investor education hub. It aims to enhance the capabilities of professional traders, accelerate the development of the professional trader community in Singapore, and empower general investors with fundamental investing knowledge.