Hearing this is fantastic news for investors and the market as a whole. It will allow greater liquidity in the market and allow more investors to start investing earlier. Many early investors do not have much to invest with, probably couple of thousand dollars, which only allows them to buy a counter or two. By reducing lot size to 100, they can get more diversified portfolio even with a few thousand dollars.
For example if you wanted 1 lot each for a portfolio based on 1000 shares
CMT – 1000 x $1.90 = $1900
FCT – 1000 x $1.80 = $1800
Keppel Corp – 1000 x $10.30 = $10,300
Semb Corp – 1000 x $4.90 = $4,900
ST Engineering 1000 x $4 = $4,000
OCBC – 1000 x $10 = $10,000
Starhub – 1000 x $4.20 = $4,200
The total required just for 1 lot ...
...