Commentaries

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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,...

Read More

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...

Read More

Commentary – AEM offer for CEI: Important for CEI shareholders to be aware of the dividend outlook

First published in Lianhe Zaobao on 13 April 2021 In January, semiconductor firm AEM Holdings proposed to buy all the shares of contract manufacturer CEI Limited for S$99.7m or S$1.15 per share.  The consideration can be paid either all in cash,...

Read More

Commentary: SIAS reminds unitholders of Soilbuild Reit to take action

First published in Business Times on 5 March 2021 In less than a week, unitholders of Soilbuild Business Space Reit will have to vote on a proposed privatisation offer from Blackstone Real Estate and the executive chairman of the Reit's sponsor,...

Read More

Commentary: SIAS reminds Sunningdale shareholders to cast their votes

Minority independent shareholders of plastic component suppliers Sunningdale Precision have until 3pm today to vote on the offer made by the company’s chairman Koh Boon Hwee via a holding company named Sunrise Technology Investment Holding (STIH) to take Sunningdale private. Since...

Read More

Commentary: 5 investment tips for the new year

First published in Straits Times on 14 February 2021 Knowledge and education are the fundamentals that will help investors As we usher in the Year of the Ox, many are hopeful that 2021 will be better than the one that has just...

Read More