Press Release Archives | Securities Investors Association (Singapore)

Press Statement: Questions on Raffles Education Corp’s (REC) proposed acquisition

To the Board and Directors of Raffles Education Corporation Limited Through Mr. Chew Hua Seng, Chairman and CEO via email Questions on Raffles Education Corp’s (REC) proposed acquisition of 35.9% shareholding interest in Langfang Hezhong Real Estate Development Co. Ltd. Dear Mr. Chew...

Press Statement: Questions to CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) on proposed merger

Please find the questions posed by SIAS to Mr. Tony Tan, CEO, CapitaLand Mall Trust and Mr. Kevin Chee, CEO, CapitaLand Commercial Trust regarding the proposed merger at the dialogue session organised by SIAS on 17 September 2020. On pages...

Press Statement: ESR and Sabana address questions from SIAS

There has been much reaction in the media about the proposed merger between ESR and Sabana REITs. Vocal shareholders have also reacted strongly to this merger. They have raised concerns like the sale of Sabana’s assets at below NAV as...

Press statement: Questions to Accordia Golf Trust (AGT) Management

To the Board and Directors of Accordia Golf Trust Management Pte. Ltd. Through Mr. Khoo Kee Cheok, Chairman and Independent Director Questions on Accordia Golf Trust Management Pte. Ltd.’s Annual Report Dear Mr. Khoo Kee Cheok, Q1. As noted in the letter to unitholders,...

Stick to basics of investing to ride out this period

First published in Straits Times on 6 September 2020 Diversify, understand the risks and know the product you are putting your money into "Don't put all your eggs in one basket" may be a bit of an investing cliche, but proper...

Commentary: Sembcorp Marine shareholders must now decide on rights takeup

First published in Business Times on 24 August 2020 They have to consider 3 options: do nothing; sell their rights; or subscribe to the issue THE experience of the Securities and Investor's Association (Singapore) - or Sias - is that when...

Commentary: Valid reasons for MAS’ call to cap dividends

First published in Straits Times on 17 August 2020 Pre-emptive, prudent move ensures vital banking sector remains resilient, able to support lending amid virus crisis The Monetary Authority of Singapore (MAS) recently instructed local banks and finance companies to cap their...

Press statement: Questions from SIAS and shareholders of Sembcorp Industries (SCI) and Sembcorp Marine (SCM) answered by the respective Boards

Attached please find the response from Sembcorp Industries (SCI) and Sembcorp Marine (SCM) to SIAS’ questions regarding the proposed renounceable underwritten SCM rights issue and proposed distribution in specie of shares of SCM. We also attach the questions raised by...

Bad habits die hard for investors

First published in Straits Times on 2 August 2020 Even with more information available today, people still make same mistakes There is a saying which goes: The more things change, the more they stay the same. There is a great deal of truth...

Press Statement: SIAS does not endorse any deal; calls on Utico to put proposal acceptable to all creditors

We refer to the Business Times article “Utico seeks Sias endorsement as Hyflux judicial management looms” dated 29 July 2020. SIAS wishes to clarify that SIAS’ role is to facilitate communication between the relevant stakeholders and the P&P Holders, and to...

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