Market Pulse – 2 March 2026

Institutional capital doesn't move randomly. It follows liquidity, credibility, and execution. Across SGX, companies are not just raising funds. They are reshaping their shareholder base to drive the next stage of growth. We're seeing a clear trend. Capital raising, shareholder initiatives, and earnings delivery are increasingly aligned to broaden institutional participation and improve liquidity. ValueMax Group diversified ownership through a block trade supported by record profit after tax above $100 million. Capital and India Trust raised about $150 million to strengthen its pipeline, reduce gearing and broaden its institutional base. Marco Polo Marine raised equity at a premium to its net tangible assets to support expansion and long-term earnings. Across these cases, the message is consistent. Institutions follow discipline, strong balance sheets, visible earnings, and credible execution. Liquidity builds progressively, not overnight.