Press Releases

Press Statement: SIAS mourns the passing of Magnus Böcker, its Chairman

We are deeply saddened by the demise of our Honorary Chairman, Mr Magnus Böcker. In spite of his setback in health, when he found out he was well following the diagnosis and treatment of...

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Press Statement on Si2i Share Buyback Move To Address Shareholder Concerns

SIAS is pleased to note that S i2i, which is currently on the SGX watch list, is taking steps to address shareholder concerns which SIAS has raised with the Board of S i2i, following...

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Press Statement: Sabana REIT

SIAS is pleased that the unitholders of Sabana REIT today voted in the interest of the company and against the removal of the manager and winding up the REIT. Now that the unitholders...

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Press Statement: SGX RegCo

SIAS is pleased with the establishment of SGX RegCo. SIAS has, for some time, been advocating for completely independent body to regulate the market and be detached from the listed SGX entity. There has been a perception that SGX is...

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Press Statement on SGX Complaint Against Wu Xinhua, China Fibretech Ltd

SIAS applauds the action by SGX to file a complaint with China authorities against Wu Xinhua, Executive Chairman and CEO of China Fibretech Ltd, with respect to several alleged offences under the Chinese Penal...

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SIAS Calls For Action Against Wrongdoers In Foreign Listing

Untitled Document SIAS has observed that for some time now, Singapore investors have been suffering losses as a result of the unethical actions of some officers of foreign listings who have knowingly acted...

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Press Statement: Transfer of Mr Kenneth Yap, Chief Executive of ACRA

SIAS notes with some sadness that Mr Kenneth Yap is relinquishing his appointment as Chief Executive of ACRA to return to the legal service. In recent years, SIAS has had a close and collaborative...

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SIAS calls on Fincantieri to revise offer for VARD and engage minority shareholders

Untitled Document SIAS has received concerns from minority shareholders of VARD regarding the offer by Fincantieri for VARD. Fincantieri, the Italian state owned ship builder, the current majority shareholder of VARD, with 55.63% of the shares at the time...

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Press Statement: Sabana REIT

  SIAS notes the shareholder activism efforts by some unitholders of Sabana REIT to seek accountability from the REIT manager for alleged poor performance. Unlike in a normal listed company, where shareholders, with a majority, can vote out and vote a...

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SIAS appoints Mr Magnus Böcker as Honorary Chairman

  SIAS is pleased to announce the appointment of Mr Magnus Böcker as its 4th Honorary Chairman with effect from 1 February 2017. Our 3rd Honorary Chairman, Mrs Lim Hwee Hua is stepping down, after having served 3 years. We are...

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