Catalist issuers underperforming, sponsor conflicts need fixing: study

MORE than half the companies listed on the Catalist board of the Singapore Exchange (SGX) incurred losses for fiscal year 2019, with those having been listed longer more likely to underperform.

Catalist stocks underperforming, says study co-authored by Prof Mak

THREE quarters of the stocks that stay listed on Singapore Exchange (SGX)'s Catalist board for more than seven years have underperformed, a fresh study revealed.

BlackRock pushing harder on social aspects in ESG thrust

BLACKROCK, the world's largest asset manager with US$7.4 trillion in assets under management as of end-2019, will be focusing more on how companies pursue sustainable social practices, including racial equality, amid the Covid-19 pandemic.


SGX RegCo to get more powers to speed up disciplinary action

THE Singapore Exchange Regulation (SGX RegCo) is looking to sharpen its enforcement teeth by taking on some of the disciplinary powers that previously resided in what market observers say has been a rather ineffective industry-led Listings Disciplinary Committee (LDC).


A resounding Yes! to faster SGX RegCo enforcement actions

PROPOSED changes by the Singapore Exchange Regulation (SGX RegCo) to speed up its enforcement actions are long overdue as investors clamour for greater and swifter accountability for corporate malfeasance.

SGX RegCo proposes new enforcement framework for swifter outcomes

SINGAPORE Exchange Regulation (SGX RegCo) is consulting the market on changes to the listing rules governing enforcement actions so that it would be able to act more quickly and with greater force. It is also proposing that all issuers have in place a whistleblowing policy and ensure the...


Governance index leaps to new high, but still room for improvement

THE Singapore Governance and Transparency Index (SGTI) 2020 surged to a record high, but two crucial components - accountability and audit as well as disclosure and transparency - have been falling and warrant concern, as industry players see an even greater need for governance to survive the...

Singapore governance and transparency index hits new high

DESPITE challenges posed by the Covid-19 pandemic, Singapore-listed companies charted a new record in governance and transparency this year.

SGX surprises with higher Q4 dividend on strong set of results

THE Singapore Exchange (SGX) on Thursday surprised with a proposed final quarterly dividend of 8.0 cents per share, up from 7.5 cents a year ago, on a strong set of results. Chief executive officer Loh Boon Chye reiterated the aim to pay a growing and sustainable dividend, with the annualised...

Global public investors AUM hit US$39.5 trillion in 2019: OMFIF report

THE world's largest global public investors (GPIs), which include public pension funds, central banks and sovereign funds, entered 2020 with the highest level of assets and more than 40 per cent of their portfolio in riskier and more illiquid assets accumulated in recent years. Many are now...


Defensive stance helps GIC post 20-year annualised real rate of return of 2.7%

DESPITE the turbulence unleashed by the Covid-19 pandemic, GIC's portfolio remains resilient and Singapore's foreign reserves under its charge have been protected by the sovereign wealth fund's defensive stance and focus on its mandate, which is to first preserve and then enhance the value of...

How GIC stress-tests and diversifies its portfolio

IN navigating an investment world plagued with low returns and heightened uncertainties, GIC stress- tests its portfolio across a range of plausible scenarios to ensure it is robust, a move which helped the investment fund protect Singapore's foreign reserve under its care against what it saw...


Acquiring full control of BidFX will enable SGX to unlock vast potential of FX OTC market

ABOUT seven years ago, the Singapore Exchange (SGX) was not in the foreign exchange (FX) futures space.

Sias seeks answers from Sembcorp and Sembmarine ahead of EGMs

THE Securities Investors Association Singapore (Sias) is seeking answers from Sembcorp Industries (SCI) and Sembcorp Marine (SCM) on why they are undertaking a S$2.1 billion recapitalisation and divorce amid poor economic conditions.

Singapore Paincare Holdings offering 24.25m placement shares at S$0.22 each

SINGAPORE Paincare Holdings, which has lodged its initial public offer (IPO) prospectus on Monday, aims to provide more relief options, including minimally invasive procedures, to those suffering from chronic pain.

Singapore retains top global shipping hub for 7th year running

SINGAPORE has topped the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the seventh year running, based on factors such as port infrastructure, shipping services and general business environment.


Workers' Party strengthens grip on Hougang

THE Workers' Party (WP) has pulled off another victory at the Hougang single member constituency (SMC), a seat it held since 1991, reflecting the party's grip on the ward and successful leadership transition, observers said.

People connector

WHEN Leong Soo Yee turns up for the virtual interview over Microsoft Teams, the executive director (Markets) of the Association of Chartered Certified Accountants (ACCA) "arrives" with her headphones on, attired for a real-life work meeting.

GE2020: WP retains Hougang SMC with 61.19% votes

IN a widely expected outcome, the Workers’ Party (WP) has retained its stronghold at the Hougang single member constituency (SMC).

GE2020: PAP wins Tampines GRC with 66.41% of votes

THE People’s Action Party (PAP) has won the five-member Tampines GRC, in a face off against National Solidarity Party (NSP). 

On Friday, PAP clinched 94,561 votes, representing 66.41 per cent, while NSP had 47,819 votes, representing 33.59 per cent. There were 142,380 valid votes and 3,...


Temasek JV Reefknot eyes at least 3 more investments

REEFKNOT Investments, a 50:50 joint venture between Singapore's state investment firm Temasek Holdings and Swiss transport and logistics giant Kuehne + Nagel (K&N), is looking to invest in at least three more startups through an inaugural US$50 million global fund.


US jobs data underpins Singapore stocks

SINGAPORE shares traded mostly higher on the back of better-than-expected US jobs data, though analysts warned jobless claims were still elevated.

US jobs data underpins Singapore stocks

SINGAPORE shares traded mostly higher on the back of better-than-expected US jobs data, though analysts warned jobless claims were still elevated.


Singapore property, bank stocks ride on Hong Kong tailwind

SINGAPORE property and banking stocks with exposure to China, rallied alongside Hong Kong-listed mainland developers on Thursday.

Singapore properties, banks ride HK tailwind

SINGAPORE property and banking stocks with exposure to China, rallied alongside Hong Kong-listed Mainland developers on Thursday.