Press Releases

Press Statement: Noble clarifies queries on management benefits and provides updates

The Securities Investors Association of Singapore (SIAS) would like to announce that its President, Mr David Gerald, and Senior Members of the SIAS Committee, Mr Loh Uantchern (VP, SIAS) and Mr Robson Lee (Asst. Hon. Secretary, SIAS) met with Noble...

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Press Statement: Noble’s restructuring proposal, a worry for shareholders and creditors

The response to Noble’s restructuring proposal has been one of disappointment by shareholders and noteholders. Understandably, the gripe is due to the steep cut in the shareholding and the unusual treatment accorded to the Management. We note that Noble has reached...

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Press Statement: SIAS queries Noble

SIAS today posed 3 questions to Noble in a telephone conference between Executive Chairman, Mr Paul Brough and the CFO, Mr Paul Jackaman and the President & Chief Executive, Mr David Gerald, which are the immediate concerns of bondholders and...

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Press Statement: Quarterly Reporting

The consultation paper announced by SGX to review the quarterly reporting framework is timely, as there is a need to recalibrate the current framework to strike a balance between investors’ need for periodic disclosures and the cost to companies. While the...

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Press Statement on SGX proposals on enhancing continues disclosures

SIAS welcomes the move by SGX to improve the continuous disclosure requirements. Shareholders, for some time now, have been calling for more visibility and accountability for the rationale for fund raising and how the funds to be used. They have...

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Press Statement: Miclyn – Another O&M company to seek bondholders approval to restructure debt

SIAS is pleased to announce that Miclyn Express Offshore Pte Ltd (“Miclyn”) and its advisor, nTan Corporate Advisory Pte Ltd, have sought SIAS’ assistance in reaching out to and coordinating with the bondholders of...

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China Fibretech reconstitutes Board with Singapore professionals

For some time, shareholders of the SGX listed S-Chip, China Fibretech, have been suffering following the claims in November 2015 (and subsequent payment) against China Fibretech’s wholly-owned subsidiary, Shishi Simwa Knitting & Dye Co, Ltd,...

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Launch of the ‘World Investor Week in Singapore’

Singapore, 26 September 2017…MoneySENSE, together with the MoneySENSE-Singapore Polytechnic Institute for Financial Literacy (IFL), the Securities Investors Association (Singapore) (SIAS) and the Singapore Exchange (SGX), will organise the inaugural “World Investor Week in Singapore...

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