Press Releases

Press Statement – CEFC International

SIAS is concerned with the trading activity of CEFC International shares which has been issued with a “Trade with Caution” advisory by SGX on 21 Jul 2015. SIAS is aware that on 7 Jul 2015, CEFC disclosed that they were in...

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Press Statement: More Transparency and Audit Insights with Enhanced Auditor Reporting Standards

SIAS welcomes the adoption of enhanced auditor reporting standards as it would enhance transparency. For the first time, investors will have insights on the audit risks that are identified by auditors as well as the audit procedures they took to...

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Press Statement: MAS Responses to Consultation Feedback on Strengthening the REITs Market

SIAS is of the view that the MAS’ responses, to the industry’s feedback on the consultation paper on strengthening the REITs market, are, in totality, balanced and aligned with the interest of unitholders, while still providing flexibility for the REIT...

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On the Appointment of Mr Loh Boon Chye as CEO of SGX

SIAS welcomes the appointment of Mr Loh Boon Chye as CEO of SGX. SIAS is particularly pleased to see the SGX board appointing a Singaporean to succeed Mr Bocker. His past experience in the capital markets of Singapore will enable...

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SIAS Becomes a Charity

SIAS is pleased to announce that as of today, SIAS is registered as a Charity under the Charities Act. SIAS will proceed now with its application to become an institution of public character (IPC) to facilitate funding of SIAS programmes...

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Investors’ concerns regarding minimum trading price (MTP)

SIAS refers to the article published in Business Times on May 6 2015, Minimum trading price (MTP) seen working against share issuers, investors. SIAS understands why SGX wishes to implement a MTP on the Mainboard as low-priced securities may be more...

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Easier access to ETFs for retail investors

SIAS welcomes the move by MAS to provide retail investors with easier access to investment funds, like exchange-traded funds (ETFs). Reclassifying funds that are relatively less complex and make limited use of derivatives as Excluded Investment Products (EIPs) mean that...

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Meeting with Noble Group Representatives on 21 April 2015 by SIAS

I met with of Nobel group representative this morning at my office to seek clarification on whether Noble’s Chairman did repeatedly dodge shareholders’ queries on the groups’ accounting practices. It was their view that the Chairman answered all the questions...

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Conduct of Annual General Meetings

Minority shareholders attending Noble Groups Annual General Meeting (AGM) were disappointed with the Chairman, Richard Elman’s handling of questions. SIAS has received feedback that the Chairman was unnecessarily defensive ’in denial mode’ as quoted in The Business Times report 18...

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The Securities Investors Association (Singapore) Joins Protiviti-SAC COSO Academy As Strategic Partner

Singapore, 20 April 2015 – The Protiviti-SAC COSO Academy (“COSO Academy”) wishes to announce that the Securities Investors Association (Singapore) (“SIAS”) has joined as a Strategic Partner. A Memorandum of Understanding was signed today by Mr Uantchern Loh, Chief Executive...

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