More IPO aspirants are reaching out to IR agencies, prompting these firms to expand their teams and seek professionals with specialised skill sets
[SINGAPORE] Investor relations (IR) agencies are looking to expand their teams amid growing demand for their services, with an eye on specialised skill sets. This is as initial public offering (IPO) momentum picks up, alongside a rise in capital-raising activity and improving market conditions.
“To meet this rising demand and the increasing complexity of client needs, we have entered a strategic growth phase,” Gem Comm chief executive officer Emily Choo told The Business Times.
The investor and public relations firm has increased its headcount in client-facing and strategic advisory roles by around 20 per cent over the past 12 months. Earlier this year, it advised on two Catalist IPOs – those of Dezign Format and Lum Chang Creations .
