Press Releases

Press Statement on ASTI Meeting

August 18, 2023

ASTI Holdings will be delisted as it has failed to meet the regulatory requirements for exiting the watch list since 6 June 2019. The trading has been suspended since July 2022. There has been much concern among the minority shareholders...

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Unitholders’ Questions to ESR Group and Quarz Capital

August 3, 2023

Unitholders’ Questions to ESR Group How would ESR respond to Sabana unitholders who believe that a stronger and larger Sabana REIT could potentially become a credible competitor to ESR-LOGOS, and thus it might be in the interest of ESR Group...

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Survey On Singapore Investors’ Financial Resilience Reveals Savvy Investors Utilise Technology In Their Investing Journey

July 13, 2023

More than 1,000 retail investors in Singapore were polled for the survey.   SINGAPORE, 13 JULY 2023 –   A recent survey on “Singapore Investors’ Financial Resilience” sponsored by Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) revealed savvy investors (8.3%) used advanced...

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SIAS Questions to Dasin Retail Trust

July 10, 2023

To :     Chairman & Board of Directors Ms. Wang Qiu, CEO Dasin Retail Trust Management Pte Ltd We should be pleased if you could provide us with the replies to the following questions on behalf of your unitholders. The trust has announced...

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Letter to Nico Steel Holding Limited regarding delisting of Nico Steel Holding Limited

June 29, 2023

Chairman & Members of Board Nico Steel Holdings Limited Dear Chairman, Re: Delisting of Nico Steel Holding Limited SIAS has been approached by some concerned shareholders on the delisting of Nico Steel Holding Limited (Nico Steel) without an exit offer. About 1,400 shareholders will...

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Letter to Digilife Technologies Limited on new appointments and governance

June 27, 2023

Board of Directors Digilife Technologies Limited 1 North Bridge Road #19-04/05 High Street Centre Singapore 179094   Here are questions attached for your Board to address as shareholders of your company have expressed serious concerns to SIAS over the recent appointments which are puzzling and worrisome...

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SIAS’ Reply to GEAR Limited’s Announcement Dated 31st May 2023

June 5, 2023

Dear Mr Fuganto Widjaja and Members of the Board, SIAS refers to the Golden Energy and Resources (GEAR) Limited's announcement dated 31 May 2023 which the company noted that "inaccuracies and omissions in the SIAS Letter that need further explanation". First of...

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SIAS calls on minority shareholders of GEAR to reject the 2nd offer

May 30, 2023

Dear Mr Fuganto Widjaja and Members of the Board, SIAS published an appeal to Golden Energy and Resources (GEAR) Limited on its exit offer on 1 March 2023, urging the company to improve its exit offer as GEAR seeks to carry...

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Letter to ASTI Holdings Limited on Concerns of ASTI Shareholders

May 26, 2023

Chairman & Members of the Board ASTI Holdings Limited Dear Chairman, RE: Concerns of ASTI Shareholders SIAS has received feedback from ASTI shareholders. Based on their concerns, we have, therefore, prepared the following questions: On the conduct of AGM for FY2021 The company last held an...

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Press Statement – Global Palm Resources Offer: Too Low & Unfair to Minorities

May 8, 2023

The Securities Investors Association (SIAS) calls upon minority shareholders of Global Palm Resources (GPR) to reject the privatisation offer of S$0.25 per share and for the offeror to revise the price upward. Although the offer has been deemed “fair and reasonable’’...

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