Commentaries

Commentary: SATS and WFS – short-term pain, long-term gains

When a company announces a significantly large purchase that requires a rights issue to help raise the money to pay for the deal, the market’s knee-jerk reaction is usually to sell the shares,...

Read More

Why investors should look at companies’ dividend policies

First published in Straits Times on 11 December 2022 Quick Read Dividends are paid at the discretion of the board of directors and depend on the available profits of the company. The Singapore Code of...

Read More

Commentary: MAS proposals on the right track, but retail investors should still steer clear of crypto

First published in Straits Times on 16 November 2022 In the light of the collapse of the FTX cryptocurrency exchange, the recent proposals of the Monetary Authority of Singapore (MAS) to reduce risks of crypto trading take...

Read More

Local market would benefit from companies having a formal statement of purpose

First published in Business Times on 19 October 2022 Quick Read A company's mission statement and corporate values are beneficial in helping employees, investors, and shareholders understand what the company is striving for. The...

Read More

Commentary: Serious Lapses In Corporate Governance Practices In Incredible Holdings Ltd And Watches.com Ltd

If companies consistently practise poor corporate governance, are repeatedly queried by the Singapore Exchange (SGX) over some of their business deals which had also been flagged by their external auditors and then increase the salaries of their senior management despite...

Read More

Commentary: Good corporate governance is about achieving the right blend

First published in Business Times on 9 May 2022 Much of what constitutes good corporate governance involves issues that are not new. Proper and timely disclosure of material information, ensuring directors discharge their fiduciary duties to shareholders whilst overseeing management, and...

Read More

Commentary: What can be done to avoid repeat of 2013’s penny stock crash in S’pore

First published in Straits Times on 8 May 2022 The penny stock crash of 2013 must surely rank as one of the darkest chapters in the annals of the local market, given that it wiped out more than $8 billion in...

Read More

Commentary: Quarz has a case for opposing appointment of director, but other objections not as clear-cut

First published in Business Times on 18 March 2022 Shareholders regularly have to vote on various corporate actions either at annual general meetings (AGMs) or extraordinary general meetings (EGMs). Sometimes, the issues at hand are fairly routine - such as the reappointment...

Read More

Can mandatory disclosures ease minority shareholders’ concerns?

First published in Straits Times on 25 March 2022 Quick read The controversy surrounding the proposed merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust has settled. Many real estate investment trusts...

Read More

Commentary: 5 things to note about Spacs

First published in Straits Times on 21 November 2021 Any time over the next few weeks, the first special purpose acquisition company or Spac is expected to list on the Singapore Exchange (SGX). This was recently disclosed...

Read More