Press Release Archives | Page 3 of 30 | Securities Investors Association (Singapore)

SIAS clarifies comments made by Mr Johnny Widjaja

I refer to the article “Potential Hyflux investor Johnny Widjaja says funds earmarked for deal; will address PnP holders” SIAS would like to clarify that although it was reported in the article that “Mr Widjaja engaged with SIAS over the subordinated...

Press statement: SIAS raises concerns over potential Hyflux offers

Over the past two weeks, Hyflux has made announcements on receipt of letters of interest and/or offers made by new potential investors, namely, Pison Investments Pte Ltd (”Pison”) and Unilegend Investments Pte Ltd. Previously, Aqua Munda Pte Ltd (“Aqua Munda”) had...

Press Statement: Questions to Sembcorp Industries and Sembcorp Marine on EGM for – Sembcorp Industries and Sembcorp Marine proposal for $2.1b recapitalisation of Sembcorp Marine and demerger to focus companies on their growth segments

To: Sembcorp Industries Ltd Attn: Mr Wong Kim Yin, Group President & CEO Sembcorp Marine Ltd Attn: Mr Wong Weng Sun, President & CEO Questions to Sembcorp Industries and Sembcorp Marine on EGM for - Sembcorp Industries and Sembcorp Marine proposal for $2.1b recapitalisation of...

Virtual AGMs: Food for thought

First published in Straits Times on 5 July 2020 With no free lunch to think of, shareholders can now focus on asking about the firm's financial performance and prospects A public relations consultant with many years of work experience in England and...

Bad idea to try to time volatile market

First published in Straits Times on 14 June 2020 Buying and holding quality investments is the best strategy even in hugely uncertain times The Business Times reported last month that stockbroking firms have seen a surge in new account openings and reactivations...

Press statement: Aqua Munda meets SIAS to inform about an impending offer for P&Ps

Aqua Munda have reached out to SIAS on 8 June 2020 to inform us that they are prepared to make an offer to the P&Ps of Hyflux. They informed us that the purpose of the meeting was to understand the...

Press Statement: Great concern for P&Ps over Hyflux Director’s probe

A number of P&Ps have contacted SIAS to express their serious concerns about the current state of affairs at Hyflux. SIAS notes also with utmost serious concerns of the press reports that the company and some of its directors are...

Press Statement: Utico’s revised offer – a bombshell for P&Ps

We refer to Hyflux’s announcement on 27 May 2020 enclosing Utico FZC’s (“Utico”) letter dated 26 May 2020 (“26 May Letter”). SIAS understands Utico’s position to be that, because Utico’s deadline of 26 May 2020 (“Long-Stop Date”) has passed without, among...

Don’t let market clobber you again

First published in Straits Times on 24 May 2020 Investors should learn lessons from Clob saga 20 years ago It has been 20 years since I formed the Securities Investors Association Singapore (Sias) to help small investors who had invested in...

Commentary: Shedding light on Singapore Airlines’ rights issue

First published in Straits Times on 21 May 2020 Many Singapore Airlines shareholders have approached the Securities Investors Association (Singapore), or Sias, seeking to clarify if they should subscribe to the upcoming rights issue. While Sias is not in a position to...

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