New board appeals to good tech firms

Sources say government mulls offering easier access for funding

The first group of companies to list on the new technology innovation board are expected to be high quality technology firms with good growth potential, as the government looks to encourage technology development by giving qualified companies easier access to funding, according to sources close to the nation's securities regulator.

Companies of a certain scale that possess promising growth potential will be the first to benefit from the new initial public offering platform, but definitive thresholds have not been hammered out and listing requirements are still in the works, sources said.