Commentaries

Commentary: Sembmarine offer: mandatory for Temasek but not for shareholders

First published in Business Times on 14 October 2021 Based on feedback received by the Securities Investors Association (Singapore) or Sias, there is confusion and misunderstanding within some segments of the retail investing public over Temasek Holdings' mandatory conditional general offer...

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Commentary: Hybrid AGMs and ‘live’ voting should be mandatory

First published in Straits Times on 9 September 2021 When Covid-19 emerged in March 2020, the regulatory authorities here fast-tracked legislation in April to allow listed companies to hold their annual general meetings (AGMs) either virtually or...

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Commentary: SPH’s media demerger: important for shareholders to vote

This is the original commentary by SIAS, unedited version from The Business Times, The Straits Times and Lianhe Zaobao publications on 06 September 2021 Before the end of this year, shareholders of Singapore Press Holdings (SPH) will have to...

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Commentary: Shareholders must decide on Sembcorp Marine’s rights issue this week

This is the original commentary by SIAS, unedited version from The Business Times publication on 18 August 2021 By Friday 20 Aug, Sembcorp Marine’s (SCM) shareholders have to lodge their proxy forms for voting on the company’s recently proposed rights issue...

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Commentary: Lessons from Singapore restructuring attempts

First published in Business Times on 11 August 2021 The entire process of debt restructuring can be improved and streamlined The falls of the once-high-flying water treatment company Hyflux, as well as of other oil and gas companies, have cast a spotlight...

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Commentary: Internal audit works as an insurance against corporate failures

First published in Business Times on 9 July 2021 Recent developments in the local market involving Sakae Holdings and ecoWise Holdings have illustrated just how important it is that companies have strong internal controls in place, as well as a robust...

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Commentary: Why greed and envy spell trouble

First published in Straits Times on 4 July 2021 So it has happened again. Investors have once again fallen prey to an alleged fraudulent scheme that promised unusually high returns. One would have thought that the offer of a 15 per...

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Commentary: Hyflux’s liquidation a sad day for corporate Singapore

This is the full version of the abridged commentary first published in Business Times on 8 June 2021. News over the past week that the judicial managers of water treatment firm Hyflux have applied for the company to be liquidated, if...

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Commentary: SPH will need to clarify future plans to secure shareholder approval

First published in Business Times on 7 May 2021 Singapore Press Holdings' (SPH) announcement of its restructuring and hiving off of the media business into a company limited by guarantee has come as a surprise to many. For several years now,...

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Commentary: Has SGX managed to address all governance concerns on SPACs?

First published in Business Times on 6 May 2021 Latest proposal suggests several ways to protect investors; with additional safeguards proposed by Sias, its third try to list SPACs may succeed The Singapore Exchange's (SGX) Consultation Paper on Special Purpose Acquisition Companies...

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