Press Release

Commentary: LTC minorities should not hold out for SGX’s proposed changes

First published in Business Times on 30 November 2018 SOMETIMES the best of intentions can lead to unintended outcomes. Such appears to be the case with steel trading firm LTC Corp (formerly known as Lion Teck Chiang). Its privatisation-cum-delisting plans have been...

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Press Statement: LTC Corp Delisting Saga

Investors are naturally confused as the new proposal by SGX is preliminary and only open for consultation. It is not in force yet. The fact is, the rights of shareholders, presently in this instance, fall under the current rules. The offeror...

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Commentary: Harmony needed to achieve best results at AGMs

First published in Business Times on 23 October 2018 It is key for all parties to understand their roles and observe basic tenets of respect, courtesy and tolerance. FOR shareholders of listed companies, the Annual General Meeting (AGM) offers a once-a-year opportunity...

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Commentary: Where is Hyflux now?

First published in Business Times on 5 October 2018 IN June, the Securities Investors Association (Singapore) (SIAS) appealed to stakeholders of troubled water treatment firm Hyflux to give the company the time it needs to try and get its affairs...

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Press Statement – SIAS appoints Mr. Daniel Teo as Chairman

SIAS is pleased to announce the appointment of Mr. Daniel Teo as its 5th Honorary Chairman with effect from 1 August 2018, to succeed the late Mr. Magnus Böcker, who suddenly passed away in July 2017. The appointment of the Honorary...

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Press Statement: Update on SIAS data breach

Yesterday 25 July 2018, SIAS was informed by officers from Cyber Security Agency (CSA) about a tip-off email that the database relating to our memberships, consisting of their name, NRIC no. and telephone no. of 2013 could have been breached...

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Commentary: Saving Hyflux – stakeholders, patience is vital now

First published in Business Times on 18 Jun 2018 WHEN any listed company, let alone one as prominent as water treatment specialists Hyflux, runs into financial problems and applies for court protection,...

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Press Statement: SIAS withdraws awards to Midas

In view of the current position Midas finds itself in, some have questioned SIAS as to why it was awarded the Most Transparent Company Award from the years 2012 to 2016.

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Press Statement: Meeting between Ms Olivia Lum of Hyflux and SIAS

President of SIAS, Mr David Gerald, this afternoon met with Chief Executive of Hyflux, Ms Olivia Lum to discuss the issues of the company and the impact to retail investors.

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Press Statement: Hyflux – Stakeholders need to be engaged

The news that Hyflux is seeking court protection to reorganize its business and address its debt comes as a worry to many retail investors, as many retail investors are invested not only as shareholders, but also through bonds, perpetual securities...

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