BFM 89.9
The Business Station
Beyond IPOs: Raising Capital Through UPCs
27 mins·12:00, 26 Oct 2026
Beyond IPOs: Raising Capital Through UPCs
27 mins
·
12:00, 26 Oct 2026
·
Recommended
23 mins
27 mins
Guest: Shaun Lee, Principal Associate in the Corporate M&A Practice, Halim Hong & Quek
For businesses looking to grow, raising capital can be a challenge. Bank loans, private investors, and possibly an IPO are the usual options. But there's another route that may not be familiar to many business owners: the unlisted public company, a public company that isn't listed on the stock exchange.
We get into:
What a UPC is: How it differs from a private limited company or a listed one
The rules: What the Securities Commission's March 2025 guidelines for UPC share offerings changed for sophisticated and retail investors
Investor risk: The warning signs investors should watch for, and illiquidity and valuation of UPC shares.
Presenter: Elaine Boey
Producer: Carol Wong
Unlisted public companiesHalim Hong & Quekfundraisingpreference sharesSophisticated investorsCorporate M&Asecurities commission
Share:
Recommended
Oct 26
·
23 minsBrain Waves: A Nobel Prize for Optogenetics
Oct 26
·
27 minsBeyond IPOs: Raising Capital Through UPCs
Recent episodes
0
Latest stories
Podcasts · Oct 26 · 8:00AM
Brain Waves: A Nobel Prize for Optogenetics
23 mins
Podcasts · Oct 26 · 23 mins
Brain Waves: A Nobel Prize for Optogenetics
Podcasts · Oct 26 · 7:00AM
Nature Reads: Heritage Trees, Butterflies and Forgotten Tastes
37 mins
Podcasts · Oct 26 · 37 mins
Nature Reads: Heritage Trees, Butterflies and Forgotten Tastes
Podcasts · Oct 26 · 4:00AM
Beyond IPOs: Raising Capital Through UPCs
27 mins
Podcasts · Oct 26 · 27 mins
Beyond IPOs: Raising Capital Through UPCs