DEADLINE FOR FILING CUSTOMER CLAIMS AND OTHER CLAIMS AGAINST LEHMAN BROTHERS INC.
April 27, 2009SIAS is advised that Lehman Brothers Inc is in liquidation in the US and all creditors must lodge their claims with the US trustee, James W. Giddens, appointed under the Securities Investor Protection Act of 1970, as amended (“SIPA”) on...
Read MoreRemoval of Independent Director at Kian Hoe Bearings Ltd
April 22, 2009SIAS notes with concern the move to remove the Independent Director, Mr Tan Lye Huat at Kian Ho Bearings Ltd by a substantial Minority Shareholder. Minority Shareholders’ interest are protected by Directors, especially Independent Directors. This is enshrined in the...
Read MoreCHARTERED SEMICONDUCTOR’S PROPOSED RIGHTS ISSUES
March 12, 2009The President and Member of the SIAS Corporate Governance Committee had a detailed discussion with Chia Song Hwee, CEO and Tiffany Sparks, Senior Director, Corporate Marketing of Chartered Semiconductor Manufacturing Ltd at the request of the company regarding its recently...
Read MoreSIAS Forum on Consultation Paper on Review of the Regulatory Regime
March 12, 2009SIAS is pleased to note that MAS is consulting the public on proposals to further safeguard consumers’ interests and promote higher industry standards for the sale and marketing of unlisted investment products.
Read MoreSIAS MINIBOND DIALOGUE SESSION
March 10, 2009Please be informed that about 200 structured product investors who have received partial or no compensation from financial institutions, will be attending a dialogue session with a panel from SIAS.
Read MoreLaunch of “My Money” Financial Literacy Seminar For Singapore Citizens
February 20, 2009Singapore, 20 February 2009… The recent events in global financial markets as well as in Singapore have underscored need for more comprehensive financial education and prompted SIAS, together with The Associations Banks of Singapore and MoneySENSE, a national financial education...
Read MoreLaunch of “My Money” Financial Literacy Seminars
February 9, 2009Quarterly seminars to enable consumers to learn the basics of savings and investment products.
Read MoreKey Points for Investors to Consider Before Referring Complaints to FIDReC or the Courts
February 6, 2009Investors who have been informed by financial institutions with respect to their complaints on their purchase of Lehman Minibond Notes, DBS High Notes 5 and Merrill Lynch Jubilee Series 3 Link Earner Notes will now have to decide whether to...
Read MoreInvestor Assistance Programme For Retail Investors Wishing To Invest On A Structured Product
December 17, 2008Pursuant to the Structured Product saga recently, SIAS announced several investor assistance programme to help investors invest in Structured Products to make an informed decision. We now release the first of the said assistance programmes we announced earlier:
Read MoreSIAS Sets Up Assistance Program for Investors
November 7, 2008Following the structured product saga where many investors lost money, SIAS has decided that it is timely to embark on an investor assistance programme, essentially to ensure that investors take responsibility for their own investment rather than fully relying on...
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