Press Releases

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...

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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...

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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...

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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,...

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SIAS Questions to EC World REIT

January 29, 2024

To: 1) Chairman and Board Members, 2) Chief Executive Officer On 2 January 2024, the REIT manager announced that certain "third ranking mortgages" have been imposed on three properties owned by EC World REIT. The properties are Fuzhou E-Commerce, Fu Heng Warehouse and...

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SIAS Questions to AEM on behalf of Shareholders

January 23, 2024

To: 1. Non-Executive Chairman 2.Board of Directors 3. CEO AEM Holdings Ltd Dear Mr Lok Wai San & Mr Chandran Nair, SIAS refers to the company's announcement titled "Internal stock-taking exercise - Shortfall in inventories" dated 14 January 2024. The company noted that, based on preliminary estimates,...

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SIAS Questions to Manulife US REIT

December 6, 2023

To: Chairman & Board of Directors Mr Tripp Gantt, CEO Manulife US REIT   SIAS Questions to Manulife US REIT SIAS had a meaningful dialogue session with the Sponsor and Senior Management of Manulife US REIT (MUST) this afternoon with 309 unitholders attending this virtual...

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SIAS Launches The Singapore Corporate Sustainability Award (SCSA) At Investors’ Choice Awards (ICA) 2023

November 8, 2023

SCSA will be spotlighting corporate sustainability practices that encapsulate both quantitative and qualitative indicators of success The new SCSA Award scorecard and methodology are driven by investor-centrism and a holistic sustainability lens, in collaboration with NUS-CGS and its industry...

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SIAS To Host Corporate Governance Week 2023: Hybrid Meetings Focusing On Building Trust Through Effective Corporate Governance

October 23, 2023

GLOBAL THOUGHT LEADERS TO EXPOUND ON THE IMPORTANCE OF NAVIGATING LEGAL, ETHICAL AND SOCIAL CHALLENGES AS KEY PILLARS OF STRENGTHENING EFFECTIVE CORPORATE GOVERNANCE Insights into the complex interplay between trust and corporate governance, as well as multifaceted Environmental, Social &...

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Questions arising from failed proposal at EGM

October 3, 2023

To: The Board of Advanced Holdings Dear Sirs, I am writing to you on behalf of baffled minority shareholders of Advanced Holdings regarding the capital reduction exercise that the company had proposed on 23 Aug 2023. In that announcement which was signed by...

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