Top Publicly Listed Companies in Singapore

Singapore offers a large listing for public companies that includes several categories under which companies fall. These include unlimited public companies, public companies limited by shares and public companies limited by guarantee. The Singapore Exchange (SGX) offers two types of public listings for companies in Singapore. They are: Mainboard - offering services catering to the needs of well-established enterprises. These companies are provided with access to a range of institutional and retail investors. Catalist - This type caters to fast-growing enterprises that need to be brought to list by authorised sponsors using an IPO (initial public offering) and reverse take-over.

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CompanyHeadcountContactDescriptionDecision Maker
OCTANE SYSTEMS | FUEL GOING FORWARD19

OUTEREDIT12 +65 6224 4320

Brand Strategy x Graphic Design x Brand ExperiencesWe make meaningful matter by creating new ways for brands to tell their stories that resonate with their audiences in sophisticated and unexpected ways. We also adopt an inclusive approach to our projects that encourages collaboration and the sharing of unique perspectives with the communities and creative talents in Singapore and abroad. Since 2011, OE has enjoyed working with Millenia Walk, Orchard Road, DBS, ASEAN, Zouk, VivoCity, OCBC, The Singapore Tourism Board, Lookbox Design Awards, Beam Suntory, and Singapore Design Week amongst others. instagram.com/outeredit

BRANDKRAFT13 +62 21 22777695

Brandkraft is a multidisciplinary creative agency that focuses on crafting Brands, Graphic Design, Packaging Design and UI/UX design based in Jakarta. We are a local agency with global standard, as our founder and team members have experience across the globe. We believe in the power of strategy, creativity, design and technology to build a powerful and engaging brand. It is our mission to transform & transcend companies and brands to reach their goals, and to create a lasting impression on their target audiences.

BRAVO340 +65 6957 5608

Bravo is an independent, design-driven branding agency that believes in design bravery.

DECISION COMMUNICATIONS PTE LTD6 +65 6214 0417

Decision Communications is a Singapore based Advertising, Design & Media agency. Our services include the conceptualising, design and production of creative ad campaigns as well as their accompanying print, online, out-of-home and direct marketing collaterals. Our team of highly passionate and experienced account managers, art directors and designers are dedicated to creating relevant and appealing ad campaigns that will capture your target audience through intelligent visual communication. To view our latest Company Profile & Creative Portfolio, please email Lynn Ho at lynn.ho@decisioncom.com or call her at 6214 0446.

DESKERA178 +65 6202 1350

Deskera is an award-winning all-in-one business app that helps SMBs grow faster with fewer tools. Use Deskera for accounting, payroll, CRM, HR, inventory, email marketing, no-code website-building, and much more. Plus, we are constantly rolling out new features. See why 300K SMBs trust Deskera. Try it free for 30 days.Discover how #TeamDeskera can transform your business by joining our FB user group https://www.facebook.com/groups/deskera

MAN ON THE MOON SINGAPORE4 +65 6538 0096

Man On The Moon is a creative agency made up of an energetic, diverse team. Each a star in our own fields, we leverage on our background in copy-writing, marketing, design and publishing to bring you not just any solution, but one that will take your brand to greater heights.Together with our print partner, ChannelWerkz, we provide a one-stop shop for all your needs, from conceptualisation to print.

NICE LTD88 +65 6876 7800

NiCE is a multi-disciplinary, global creative agency.

ORCADESIGN CONSULTANTS25 +65 6266 1382

Orcadesign Consultants is a forward-thinking innovation and strategy consultancy firm with over 25 years of experience in creating impactful solutions. Our multidisciplinary team works closely with companies and organisations to uncover opportunities, solve problems, innovate and grow sustainably. We adopt a customer-centric approach to identify consumer trends and understand user needs and motivations, before we translate them into insights to drive innovation. Our range of services includes market insights, product design, retail experience design, digital interface design, brand design and design thinking training. Our varied portfolio of clientele includes SMEs, start-ups, government agencies and global brands.

ROCHE DIAGNOSTICS ASIA PACIFIC0 +65 6272 7500

Performed on blood, tissue or other patient samples, in vitro diagnostics are a critical source of objective information for improved disease management and patient care.

QUIRK6 +65 6385 0500

Quirk is an award winning integrated marketing communications agency. We create intelligent, visual compelling interactive web and print graphic design that converts to quantifiable business results resulting in a positive ROI. The company was founded with a mission - do great work regardless the size of the project or client. We work as your design partner, a hybrid of design and business; we are an extension of your in-house marketing and design department. Our team is your team. We are nimble, efficient and provide a personalized service that is highly adaptable. This resonates in our belief for long term, personal relationships - more than 90% of our client base are through repeating loyal clients or word of mouth.With more than 15 years of experience, we have experienced an exponential growth having worked on more than 800 projects with more 200 companies ranging from SMEs, MNCs and Government sectors.Selected Clientele: Government sector: iDA, Public Utilities Board, Spring Singapore, Singapore Prison Service, A*STAR, National Heritage BoardLifestyle: Grand Hyatt, NTUC, Singapore Zoo, Sennheiser, Toshiba, St James Power Station, On Cheong Jewellery, The EsplanadeF&B: BreadTalk Group, Tung Lok Group, Long Beach Seafood, Ya Kun Kaya Toast

ROCHE91,091 +65 6272 7500

Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives. The combined strengths of pharmaceuticals and diagnostics under one roof have made Roche the leader in personalised healthcare – a strategy that aims to fit the right treatment to each patient in the best way possible.Roche is the world’s largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system. Roche is also the world leader in in vitro diagnostics and tissue-based cancer diagnostics, and a frontrunner in diabetes management.Founded in 1896, Roche continues to search for better ways to prevent, diagnose and treat diseases and make a sustainable contribution to society. The company also aims to improve patient access to medical innovations by working with all relevant stakeholders. Thirty medicines developed by Roche are included in the World Health Organization Model Lists of Essential Medicines, among them life-saving antibiotics, antimalarials and cancer medicines. Roche has been recognised as the Group Leader in sustainability within the Pharmaceuticals, Biotechnology & Life Sciences Industry ten years in a row by the Dow Jones Sustainability Indices (DJSI).For more information, please visit https://careers.roche.com/global/enRead our community guidelines here: https://www.roche.com/some-guidelines.htm#Roche #Biotechnology #Pharmaceuticals #Diagnostics #Healthcare #PersonalisedHealthcare #GreatPlaceToWork #Innovation

STUCK DESIGN30 +65 6846 4668

STUCK is a design company dedicated to actualising the creative ambitions of globally forward brands.Since founding in 2010, STUCK has helped multinational companies uncover needs and create product and service concepts for emerging markets, translated complex technology into delightful and understandable interactions for startups, and supported growth for small medium enterprises (SMEs) through strategy and new product designs.STUCK is leading the charge in establishing Singapore’s global design reputation, having won over 30 international awards including the Red Dot, IDSA and the Singapore President’s Design Award.

KADDRA44 +65 8125 2145

The most powerful loyalty and retargeting engine for your eCommerce.Connecting your business to your customers.Shopify, Woocommerce or Magento, we turn your eCommerce into a sales powerhouse.

METHOD MEDIA12 +65 6679 6143

We are Method. An independent creative digital agency headquartered in Singapore since 2005. We create purposeful digital experiences for ambitious brands — globally.

DAVE CLARK.80 +64 9 300 1610

We transform business with creative ideas, design and technology.
We specialise in branding, communication and digital products.

WIPRO CONSUMER CARE VIỆT NAM134 +65 6496 2000

Wipro Consumer Care Vietnam is a leading international FMCG company where people can develop and realize their potential while creating brands and products that inspire Vietnamese lives.Ever since the start of our operation in 1996, we have Wipro Consumer Care Vietnam to become the third largest non-paper personal and home care business in the market with propelled annual double-digit growth and highly-appreciated brands such as Enchanteur, Romano, Gervenne, Izzi, Bio-Essence, MaxKleen, Carrie Junior and Dashing.Wipro Consumer Care Vietnam was recognized as one of 100 Vietnam Best Places to Work consecutively for the last two years (2017 & 2018) and won The Award of Best Companies to Work For in Asia in 2 consecutive years (2018 & 2019)

THE BONSEY DESIGN PARTNERSHIP22 +65 6339 0428

Bonsey Design is an independent, integrated network of brand strategists, designers and project managers with over 25 years experience of helping clients adapt and grow in the fast-moving markets of Asia.We manage projects across multiple sectors, from banks and airlines to packaged goods, technology and new media. What they all have in common is a focus on mastering transformation to create lasting consumer and business impact.We work with client organisations to simplify and amplify what they stand for so they can achieve meaningful and lasting connections internally and externally. We believe all brands have a story to tell, so we partner our clients in creating powerful narratives that deliver meaning, differentiation and relevance for consumers across Asia.

55 MINUTES PTE LTD9 +65 6836 4030

55 Minutes is a user experience design company. We are big believers that understanding our users needs is key to unlocking effective design solutions. Integrating business goals with the human-centered design process, our passion is to partner with our clients to meet their business goals by creating delightful user experiences.As practitioners of design thinking methodologies, we help businesses thrive through effective innovation by providing User Insights, User Experience (UX) design, User Interface (UI) design.

METRON205 +65 3138 4536

METRON is a French CleanTech specialized in energy. We provide a digital solution to our clients in order to manage and optimize their energy in industry, tertiary sector and public markets. METRON helps them reduce their energy consumptions & costs and their carbon impact.It allows them to accelerate their path to sustainability, efficiency and productivity.The METRON Solution supports companies all along their energy journey. - Our unique digital platform collects all the data generated by industrial systems in a secure environment- You can visualize and measure your energy consumption, and generate accurate reports- Improve your energy purchases and costs- Identify points of optimization, and detect drifts early- Deep-dive into AI algorithms to get real-time optimizations for complex assets- Track your carbon footprint and adapt your sustainability strategyCreated in 2013 in Paris, METRON is experiencing strong growth, particularly internationally where the company is present in Europe, Latin America, Middle East and Asia. In 2022, we are opening our North America offices. With almost 200 employees worldwide, METRON leverages the impact of AI and big data to usher a new wave of innovation in the energy sector, offering a game-changing energy intelligence platform & more.

Top Publicly Listed Companies in Singapore

Overview

Systematic approach dedicated towards public listing of companies; collaboration with Chinese companies to expand investor base

Singapore offers a large listing for public companies that includes several categories under which companies fall. These include unlimited public companies, public companies limited by shares and public companies limited by guarantee. The Singapore Exchange (SGX) offers two types of public listings for companies in Singapore. They are:

Mainboard - offering services catering to the needs of well-established enterprises. These companies are provided with access to a range of institutional and retail investors.

Catalist - This type caters to fast-growing enterprises that need to be brought to list by authorised sponsors using an IPO (initial public offering) and reverse take-over.

Chinese companies that meet Singapore’s regulatory and governance standards are provided a Direct Listing Framework. This attractive platform enables the country to gain access to global investors. In collaboration with the China Securities Regulatory Commission (CSRC), a number of key requirements are provided in order to enable direct listing on the SGX Mainboard, such as:

Compliance with relevant laws and regulations in China as well as regulatory standards of Singapore and SGX.

Issuers will be provided with an eligibility-to-list, which will subject the issuer to administrative licensing approval and a satisfactory review.

Auditing of financial statements made by applicants and auditing needs to be conducted by certified public accountants in accordance with Singapore Standards on Auditing, the US’ Generally Accepted Auditing Standards or International Standards on Auditing.

Issuers are required to file applications with the CSRC and SGX.

Application reviews will be conducted by the CSRC.

Key Trends

Implementation of a series of initiatives to aid public listing; sector looking to improve post-pandemic

In September 2021, the government of Singapore introduced a series of initiatives in order to assist with stock market growth and the listing of companies within the city-state. The government enabled a co-investment with a state investment firm, named Temasek, to raise capital via public listings. Starting with a first tranche of SGD 1.5 billion, the initiatives enabled were as follows:

An increase in grants by the Monetary Authority of Singapore (MAS) to assist companies with the cost of listings.

Establishment of a new fund by the Economic Development Board (EDB) of Singapore to aid later-stage companies in obtaining listings within the city-state.

Assistance provided by SGX to raise funds for high-growth companies to obtain public listings.

Measures such as these taken by the government are in the hopes of improving the public equity market and encouraging more companies in seeking public listing opportunities. SGX has also implemented opportunities to boost IPOs by allowing the listing of special purpose acquisition companies.

During the first half of 2021, Singapore only attracted three IPOs, which raised SGD 200 million, whereas competitor and fellow financial hub Hong Kong had 46 listings and raised a total of SGD 27.4 billion. Therefore, SGX has taken measures to revive the IPO market and attract more public listings.

Sanctions imposed on Russia by Singapore; companies and trusts listed on SGX asked to suspend trading with Russia

On 7 March 2022, SGX stated that an immediate assessment be carried out on the financial and operational impact of the sanctions being imposed on Russia. Following Russia’s invasion of Ukraine, companies and trusts that were engaged in sanctioned business dealings with Russia were asked to suspend all trading of listed securities until proven that sanctions were no longer applied to the businesses being carried out.

Issuers were asked to submit remediation proposals within six months from the date that SGX approves of. Monthly updates on the remediation proposals have to be provided or removal from the SGX Official List would be inevitable. Singapore’s instant beverage maker Food Empire, a listed company, was temporarily closed due to its factory in Ukraine being suspended as it faced large disruptions to its supply chain, damages to public infrastructure and the displacement of civilians. Other Singapore listed issuers with businesses in Russia are also facing similar obstacles.

US-listed Chinese issuers seek company listings in Singapore; alternative venues sought due to greater regulatory and delisting risks in the United States

Due to the existence of a global valuation slump, the Chinese issuers that are already trading with American depository receipts have begun to seek listings in Singapore. This is due to the neutral jurisdiction seen in Singapore and because the existence of a secondary listing proves a benefit to Chinese companies in terms of acting as a natural hedge. In 2014, the regulatory framework allowed companies that originally had a primary listing on the Main Board to allow zero regulatory requirements to be added to the secondary listed company.

High inflation and rising interest rates worldwide have resulted in the disruption of listing plans by many companies. As of 2022, more than 11 China-domiciled firms contain listings in Singapore and the United States, and data shows that Singapore has reported a haul of SGD 385 million and zero IPOs.

Key Statistics

  • Singapore's market capitalization of listed domestic companies in 2020 was reported as USD 652,614,660,000 taken from data obtained in 2022.
  • Singapore offers a listing of 673 companies on SGX.

Top Singapore Publicly-Listed Companies

DBS BANK LTD.

Repeated as per client

OVERSEA-CHINESE BANKING CORPORATION LIMITED

Repeated as per client

PARKWAY PANTAI LIMITED

Repeated as per client

UNITED OVERSEAS BANK LIMITED

Repeated as per client

SINGAPORE TELECOMMUNICATIONS LIMITED

Repeated as per client

SRI TRANG INTERNATIONAL PTE. LTD.

Sri Trang International is the distribution arm of the Sri Trang Group, which is headquartered in Thailand. In Singapore, Sri Trang International is a purchasing hub for key users of natural rubber. This publicly-listed company has actively participated in the distribution of natural rubber products to the global market since its incorporation in April 2002. The firm offers a complete range of products that includes Technically Specified Rubber (TSR), Ribbed Smoked Sheets (RSS) and Concentrated Latex. Additionally, Sri Trang International provides engineering and transportation services in Singapore.

PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED

Repeated as per client

WILMAR INTERNATIONAL LIMITED

Repeated as per client

CAPITALAND PTE. LTD.

Repeated as per client

SHANGRI-LA HOTEL LIMITED

Repeated as per client

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By Gerald Bong
Published on 07 August 2023