Press Statement – SIAS meeting with CAD and MAS on Midas
February 20, 2019SIAS officials met with officers from the Commercial Affairs Department (CAD) and Monetary Authority of Singapore (MAS) on 13 February 2019 to relay the concerns of Midas’ shareholders, who are anxious about the outcome of the police reports lodged with...
Read MoreQuestions to Hyflux Board
February 11, 20198 February 2019 Board of Directors Hyflux Ltd Hyflux Innovation Centre 80 Bendemeer Road Singapore 339949 Through Ms Olivia Lum, Executive Chairman & Group Chief Executive Officer Questions to Hyflux Board Dear Olivia and Board members, SIAS, representing the interests of the numerous stakeholders of various securities, is seriously concerned that...
Read MorePress Statement – Hyflux investors expect more to be done for them
January 17, 2019There is much expectation from the Hyflux investors, some 50,000 of them, that they will be advised at tomorrow’s townhall meeting as to how they can recover their investments in Hyflux. There have been discussions between the company and the...
Read MorePress Statement – Appointment of John Lim, co-founder of ARA Asset Management, ARA Group as Patron of SIAS
January 4, 2019SIAS is pleased to announce that Mr John Lim, co-founder of ARA Asset Management, ARA Group as Patron of SIAS with effect from 1st January 2019. Our constitution provides for the appointment of a Patron : “The Management Committee may also...
Read MorePress Statement: LTC Corp Delisting Saga
November 16, 2018Investors are naturally confused as the new proposal by SGX is preliminary and only open for consultation. It is not in force yet. The fact is, the rights of shareholders, presently in this instance, fall under the current rules. The offeror...
Read MorePress Statement – SIAS appoints Mr. Daniel Teo as Chairman
September 3, 2018SIAS is pleased to announce the appointment of Mr. Daniel Teo as its 5th Honorary Chairman with effect from 1 August 2018, to succeed the late Mr. Magnus Böcker, who suddenly passed away in July 2017. The appointment of the Honorary...
Read MorePress Statement: Update on SIAS data breach
July 26, 2018Yesterday 25 July 2018, SIAS was informed by officers from Cyber Security Agency (CSA) about a tip-off email that the database relating to our memberships, consisting of their name, NRIC no. and telephone no. of 2013 could have been breached...
Read MorePress Statement: SIAS withdraws awards to Midas
May 30, 2018In view of the current position Midas finds itself in, some have questioned SIAS as to why it was awarded the Most Transparent Company Award from the years 2012 to 2016.
Read MorePress Statement: Meeting between Ms Olivia Lum of Hyflux and SIAS
May 25, 2018President of SIAS, Mr David Gerald, this afternoon met with Chief Executive of Hyflux, Ms Olivia Lum to discuss the issues of the company and the impact to retail investors.
Read MorePress Statement: Hyflux – Stakeholders need to be engaged
May 23, 2018The news that Hyflux is seeking court protection to reorganize its business and address its debt comes as a worry to many retail investors, as many retail investors are invested not only as shareholders, but also through bonds, perpetual securities...
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