Press Releases

SIAS Appoints 3rd Honorary Chairman

SIAS is pleased to announce the appointment of Mrs Lim Hwee Hua, former Minister, as our 3rd Honorary Chairman with effect from 21 October 2013 for a period of 3 years. She has always shown keen interest in the work...

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Blumont, Asiasons and LionGold – SIAS Calls for Implementation for Circuit Breaker Mechanism

SIAS has been regularly queried by investors and media as to what SGX should do to avoid wild fluctuations in share price like in the case of Blumont, Asiasons and LionGold. It is important for shareholders of companies and media...

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SIAS Calls For Speedy Investigation – Blumont Group Limited

We refer to the query by SGX regarding trading activity in relation to Blumont. The unusual rise of share price of Blumont Group Limited (Blumont) from $0.30 on 2 January 2013 to $2.45 on 30 September 2013, a 8-fold increase...

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SIAS Calls On Regulators To Rein In Short Sellers

SIAS has met up with representatives of the Board and management of China Minzhong Food Corporation (“CMFC” or the “Company”) with regards to the allegations made by Glaucus Research (“Glaucus”) against the company.

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Investors’ Forum – “Ask SIAS”

From time to time, investors have been calling our President for advice on issues that concern them resulting from their investments in listed companies. It is therefore decided that we should have shareholders’ dialogue sessions to discuss issues that affect...

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SIAS Supports MIIF’s Proposed Divestment Of TBC

SIAS today met with representatives of Macquarie International Infrastructure Fund Limited (“MIIF” or the “Company”), during which MIIF provided a comprehensive briefing on the Company’s proposed divestment of its 47.5% interest in Taiwan Broadband Communications (“TBC”), through an initial public...

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Tiger Airways’s EOGM – Resolution 1: The Rights Issue and the Preferential Offering Resolution & Resolution 2: The Whitewash Resolution in Relation to the Concert Party Group

SIAS met with the Group CEO of Tiger Airways Holdings, Mr Koay Peng Yen at SIAS office today to discuss the updates of Tiger Airways and the resolutions to be put forward at the up coming Extraordinary General Meeting. The...

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Macquarie International Infrastructure Fund Updates SIAS on Strategic Initiatives for Shareholders

On behalf of SIAS, I met with the Non-Executive (Independent) Chairman of Macquarie International Infrastructure Fund Limited (“MIIF”), Mr Heng Chiang Meng and Mr Oscar Ludwigson of CIMB Bank, Independent Financial Adviser to MIIF, at their requestm earlier today during...

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SIAS’s Response to SGX’s Alternate Proposal to Safeguard Investors of Foreign Issuers Listed on Singapore Exchange

The public shareholders should be mindful of the potential difficulties they will face in enforcing their rights as shareholders should the untoward happen to any of the foreign issuers. The difficulties of recovering their investments in such circumstances still remains....

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SGX’s Response to SIAS Proposal to Safeguard Investors of Foreign Issuers Listed on Singapore Exchange

Please see attached the response from SGX to our 5 proposals to safeguard investors in foreign listings. Thousands of Singapore investors have lost their money investing specifically in few of the S-Chips. This prompted SIAS to make these proposals.

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