Press Releases

SIAS to Host Corporate Governance Week 2024: The Impact of Artificial Intelligence on Corporate Governance and Sustainability on Key Stakeholders

September 13, 2024

GLOBAL THOUGHT LEADERS TO NAVIGATE THE AI COMPASS TO DRIVE SUSTAINABLE CORPORATE GOVERNANCE Insights into paving long-term sustainability in today’s rapidly evolving AI landscape, as well as addressing multifaceted Environmental, Social & Governance (“ESG”) climate and supply chain governance factors...

Read More

Press Release on the Appointment of Mdm Halimah Yacob as Chief Patron and Mr Sherman Kwek as Patron

August 29, 2024

SIAS is pleased to announce that Mdm Halimah Yacob, Chancellor of the Singapore University of Social Sciences (SUSS), and former President of the Republic of Singapore, has kindly accepted our invitation to become Chief Patron of SIAS. SIAS is also pleased...

Read More

Press Statement in Response to the Appointment of Stock Market Review Group

August 2, 2024

SIAS is encouraged to see that the government is now seriously attending to the issues, which have been plaguing the local stock market for several years now. Among these would be low liquidity, absence of quality listings and under performance...

Read More

Press Statement on Dilemma of Minority Shareholders in the Voluntary Unconditional General Offer

June 21, 2024

In the recent cases of Voluntary Unconditional General Offer, SIAS observed that the offers created dilemma to Minority Shareholders where they are not given a choice to make a decision due to terms of the offer. For example, if the...

Read More

Questions on the OCBC’s Offer for Great Eastern Holdings Limited (“GE”) on behalf of the Minority Shareholders of GE

June 21, 2024

To: Mr Andrew Lee, Chairman and Members of the Board Oversea-Chinese Banking Corporation Limited as the offeror for Great Eastern Holdings Limited Dear Chairman, On 14 June 2024, OCBC maintained its offer price of S$25.60 per share for 54,732,310 shares, constituting an 11.56% stake in...

Read More

Press statement on OCBC offer for Great Eastern Holdings

May 10, 2024

SIAS commends OCBC for its proactive response to feedback from minority shareholders of Great Eastern (GE) who raised concerns with the performance of GE and potential misalignment between GE shareholders and management. We note that OCBC has made a voluntary unconditional...

Read More

SIAS’ Replies to Lianhe Zaobao on Best World International

March 13, 2024

1.  What is your view on BW not paying dividends yet again? Has SIAS received similar complaints from minority shareholders? SIAS regularly receives feedback from shareholders who are disappointed with a listed company's performance or perceived unfair treatment, such as instances...

Read More

Letter to Great Eastern Holdings Limited Board – Resolutions proposed by minority shareholders at upcoming Great Eastern AGM

March 7, 2024

To: Chairman and members of the Board, Great Eastern Holdings Limited We refer to the company's response to a request by minority shareholders to table certain resolutions at the upcoming Annual General Meeting dated March 6, 2024 posted on SGXNet. SIAS had the...

Read More

Follow up letter to the Board – Chemical Industries Far East Limited

February 21, 2024

To: Chairman and members of the Board, Chemical Industries Far East Limited We refer to the company's responses to queries from SGX RegCo and SIAS and shareholders posted on SGXNet on 18 Feb 2024. SIAS acknowledges...

Read More

Questions to the Board – Chemical Industries Far East Limited

February 14, 2024

To: Chairman and members of the Board, Chemical Industries Far East Limited It has come to SIAS' attention that the company's transition to professional management may have encountered significant challenges. In the 2023 annual report published seven months ago in July 2023,...

Read More