HOCK LOCK SIEW

Magnus Energy minorities show that collectively they are a force to be reckoned with

THE stock price chart of Magnus Energy over the past five years is not a pretty sight to behold. It looks like an electrocardiogram (ECG) of a patient who is suffering from a complete heart block, or one who is clinically dead.

Liquidnet sees record year trading in Singapore

LIQUIDNET, the largest "dark pool" operator in the Asia-Pacific region, is enjoying a record year trading in Singapore and the region.

DARK POOL TRADING

Dark pools can benefit small, mid-cap stocks in Singapore: study

DARK trading, which often comes with a negative connotation as investors trade shares anonymously, can actually improve market liquidity for illiquid, as well as small and mid-market capitalisation stocks on the Singapore Exchange (SGX), a staff paper from the Monetary Authority of Singapore (...

9-year threshold for IDs: Limited pool a hurdle to board renewal

IT has been more than a year since the Monetary Authority of Singapore (MAS) made the nine-year threshold for independent directors (IDs) a hard limit written into the Singapore Exchange (SGX) Listing Rules, and the issue remains a nagging concern for listed companies and the frontline regulator...

More smaller firms still have IDs who served more than 9 years: survey

IT has been more than a year since the Monetary Authority of Singapore (MAS) made the nine-year threshold for independent directors (IDs) a hard limit written into the Singapore Exchange (SGX) Listing Rules, but some 43 per cent of respondent companies in the Singapore Board of Directors Survey...

HOCK LOCK SIEW

SGX's multi-asset strategy silences its sceptics

IN the last couple of years, Singapore Exchange (SGX) chief executive officer Loh Boon Chye has doggedly pitched his vision of a multi-asset, multi-purpose and borderless exchange.

SGX Q1 profit up 25%, highest quarterly profit in over 10 years

SINGAPORE Exchange (SGX) on Thursday reported a 25 per cent jump in its first quarter net profit to S$114.2 million, its highest quarterly net profit in more than a decade, driven by higher demand for its suite of investments and risk managements tools across its currency, commodity and equity...

Keppel soars on Temasek's wings, lifting STI along

THE stock price of Keppel Corp posted its largest intraday gain in over 20 years on Tuesday, lifting with it some stocks linked to Temasek Holdings and the blue-chip Straits Times Index (STI), a day after the Singapore investment company made a bid for a controlling stake in the diversified...

COMMENTARY

Temasek's Keppel move may have SembMarine in its sights

TEMASEK Holdings' S$4.1 billion move to gain a controlling stake in Keppel Corp (KepCorp) is fuelling years-long intermittent market speculation of a merger of Singapore's two major shipyards - Keppel Offshore and Marine (Keppel O&M) and Sembcorp Marine (SembMarine) - or even the...

SPH posts 23% drop in earnings, to trim 5% staff from media group

SINGAPORE Press Holdings (SPH) will be trimming its workforce by some 130-odd staff as it continues to streamline operations amid the digital transformation of its core media business.

HOCK LOCK SIEW

Ascott Reit's retail investors have big say in merger with A-HTrust

MANY retail investors do not realise the importance of submitting their proxy forms or turning up at extraordinary general meetings (EGMs) and scheme meetings convened by companies.

BT EXCLUSIVE

UOB Kay Hian betting on scale and depth

AT a time when the traditional retail broking business using self-employed remisiers has been on the decline - with retail investors going for self-directed online trading - UOB Kay Hian is betting on size and depth as it moves confidently ahead in its evolution.

Innovate to stay relevant, global stock exchanges told

GLOBALLY, stock exchanges are facing unprecedented change on multiple fronts from regulatory, geopolitical to social, but there is still room for bourses to stay relevant if they harness the opportunities presented.

HKEx disappointed at failed LSE takeover but door remains open

HONG Kong Exchange and Clearing (HKEx) has expressed disappointment that its takeover bid for the 300-year old London Stock Exchange (LSE) did not pan out, but chairwoman Laura Cha is not ruling out revisiting the deal in the future or tying up with other exchanges.

COMMENTARY

Mega bourse mergers less of a threat as exchanges and markets have morphed

LAST month, Hong Kong Exchanges and Clearing Ltd (HKEx) made a surprise US$39 billion bid for 300-year-old London Stock Exchange (LSE).

Ascott Reit's whirlwind merger to lead the global hospitality space

IT took a matter of three days for the proposed S$1.2 billion merger between Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) to be approved and unveiled to the public.

AGM WATCH

SGX aims to be the single-point access to Asia

SINGAPORE Exchange (SGX) remains steadfast in its vision to provide products and services necessary for investors to have an efficient, single-point of access to Asia, even as Hong Kong Exchanges & Clearing Ltd makes a bold takeover bid for London Stock Exchange (LSE).

HOCK LOCK SIEW

CapitaLand shows good ESG policies do pay off

THE tangible positive results of good governance may not be obvious when companies do well on the back of a growing economy and market. It is during a downturn that those with good governance, which sifts out the wheat from the chaff, will stand tall. Companies with good environmental, social...

BT EXCLUSIVE

Reprieve for small investors as MAS reviews 5% collateral for stock trades

THE Monetary Authority of Singapore (MAS) is reviewing an earlier plan requiring retail investors to place a 5 per cent collateral on their open positions come 2020.

GIC sees bright spots in technology

DESPITE the uncertain investment climate and outlook, Singapore's sovereign wealth fund, GIC, believes there are investment bright spots in technology.

BT EXCLUSIVE

DBS Vickers remisiers, UOB Kay Hian tie knot after marathon courtship

AFTER marathon talks over seven to eight months involving several broking firms, heavyweight remisiers at DBS Vickers Securities have finally brokered a deal with UOB Kay Hian.

HOCK LOCK SIEW

Banks can use sustainability-linked loans to prod clients into going green

ENVIRONMENTAL, social and governance (ESG) considerations are moving out of a specialised niche into mainstream banking.

Sycamore Tree saga: trade creditor throws spanner in the works

A TRADE creditor has thrown a spanner in the works for the Sycamore Tree residential project, potentially dragging 180-odd jaded home buyers including those of a related project at Laurel Tree into a protracted nightmare delay just when progress is being made to complete the units.

Singapore mortgages may resist global rates downtrend - for now

INTEREST rates are falling across the world - with some markets already mired in negative rates - but the flow through to Singapore mortgage rates may be mitigated by local factors.

HOCK LOCK SIEW

Striking a balance in market regulation

WITH 740 companies worth close to S$980 billion as at July, listed companies form the backbone of Singapore's economy and financial industry.