Catalist, the transformed SESDAQ, is Singapore Exchange’s new sponsor-supervised listing platform for fast growing local and international companies.

It allows a sponsor to determine the suitability of a company for listing without SGX reviewing the admission of the company. The rules and processes for secondary fundraising and business expansion have been changed to meet growth companies’ needs.

Under Catalist’s rules, companies must list through a Sponsor and need not meet any prescribed financial entry criteria. There is no restriction on the size of companies seeking a listing on Catalist. Listing applicants must issue an Offer Document, instead of a prospectus. Post-IPO, companies must retain a Sponsor at all times; or face delisting.
In addition, the annual limit on the issue of additional shares, and thresholds for acquisitions and disposals of assets that do not require shareholders’ approval will be raised.

新加坡交易所的凯利板(Catalist)是一个由保荐机构监督的新上市平台，它是从自动报价板转型过来，为快速增长的本地和国际公司而设。
它容许保荐机构决定有关公司是否适合上市，无须新交所检查批准。为满足增长型公司的需要，上市后的进一步筹资活动以及业务扩展的条例和程序也更改了。

在凯利板的条例下，公司必须通过一个保荐机构才能挂牌，但它们无须符合任何财务方面的入门标准。在凯利板上市的公司也不限大小。申请上市的公司无须呈上招股书，但需呈上献议文件(Offer Document)。在上市后，公司必须一直保留一个保荐机构，否则将被除牌。
此外，配售新股的每一年限额，以至无须征求股东同意的资产收购和脱售活动的门槛，均将有所提高。