On the Appointment of Mr Loh Boon Chye as CEO of SGX

Date: June 7, 2015

Retail investors are still unhappy with the lack of protection for their investments in S-Chips, like the unresolved China Sky saga, their serious concerns relating to large share consolidation by penny stock companies leading to erosion of shareholder value, bunching of AGMs, particularly in the last week of April, and the overall low trading volumes. No doubt it will be work in progress for Mr Loh and his team during his tenure of office. SIAS will give Mr Loh the support he needs in addressing these and other issues that may arise during his tenure.

David Gerald
Founder, President & CEO
Securities Investors Association (Singapore)