https://www.theedgesingapore.com/news/singapore-economy/sgx-group-chairman-calls-bold-and-decisive-actions-solve-stock-markets-
A rejoinder here -  Citing examples from other markets, Koh says the success of the stock market is &ldquo very much linked&rdquo to economic success and the policies that support the latter. &ldquo Bold and decisive actions by policymakers and key participants in the ecosystem are essential.&rdquo    
A rejoinder here -  Citing examples from other markets, Koh says the success of the stock market is &ldquo very much linked&rdquo to economic success and the policies that support the latter. &ldquo Bold and decisive actions by policymakers and key participants in the ecosystem are essential.&rdquo    
They talked one thing bit does another. Just look at those wash black monies gangs .
And here i thought that Singapore regulators and law are pretty strict and straight.
Seems not. 
Seems not. 
Sweep under huge carpet..
The elephant in the room?
The elephant in the room?
this stock killed many.... what' s the update on status? game over?
Gan did not buy stock in sgx..
Talk is cheap..
he should be out.. out of touch with reality in sgx here..
Talk is cheap..
he should be out.. out of touch with reality in sgx here..
https://www.theedgesingapore.com/news/singapore-economy/not-practical-rely-sovereign-wealth-support-sustain-spore-equities-gan-kim
Gan says some market observers have called the current regulatory regime &ldquo cumbersome and restrictive in certain aspects for issuers&rdquo , and &ldquo overly protective of investors&rdquo . &ldquo On the other hand, other commentators have highlighted how investors have suffered losses in some past episodes of market misconduct. These voices emphasise the importance of strengthening investor confidence in our market.&rdquo
This is one.
Gan says some market observers have called the current regulatory regime &ldquo cumbersome and restrictive in certain aspects for issuers&rdquo , and &ldquo overly protective of investors&rdquo . &ldquo On the other hand, other commentators have highlighted how investors have suffered losses in some past episodes of market misconduct. These voices emphasise the importance of strengthening investor confidence in our market.&rdquo
This is one.
https://www-whittierdailynews-com.cdn.ampproject.org/c/s/www.whittierdailynews.com/2024/08/07/former-queen-mary-operators-face-securities-fraud-charges/amp/
One should not lose sight of these people..
To take money here and run ..
hopefully our mas or sgx regco should go after them
One should not lose sight of these people..
To take money here and run ..
hopefully our mas or sgx regco should go after them
We have an association of investors of securities. SIAS.
They are the best champions of investors' interests.
Securities Investors Association (Singapore) or SIAS, was founded unexpectedly in June 1999 to champion the CLOB issue. 172,000 retail investors were suddenly stranded when the Malaysian Government froze their investments on Malaysian stocks in September 1998, amounting to US$5 billion. A group of civic-minded citizens lead by Mr David Gerald got together and took on the challenge to help free the frozen shares with an initial backing by 49,880 retail investors as members of the non-profit organisation. Their resoluteness and unity helped to resolve the issue on our terms.
Today, SIAS is a Charity and an Institution of Public Character (IPC), and the largest organized investor group in Asia, with almost 12,000 retail investors as members. It is run by an elected Management Committee comprising of professionals who are volunteers. It actively promotes Investor Education, Corporate Governance and Transparency and is the advocate for Investor rights in Singapore. To-date, SIAS has successfully organized over 1,800 investor education programmes ranging from basic investment seminars for novices to certificate courses for investment savvy investors. Thus far, more than 300,000 retail investors have benefited from these programmes that are offered largely free. Members are educated on the features of investment products, and the attendant risks involved in each product. Investors are taught to make informed decisions on investing. SIAS is able to provide a variety of investor education programmes to its members and the investing community at large through collaborative arrangements with financial institutions and listed companies interested in investor education as part of its corporate social responsibility agenda.
SIAS is ?the voice? for minority shareholders and has already engaged with corporations falling short of good Corporate Governance practices. However, its preferred approach to resolve investors? right issues is to do so in the boardroom and not in the courtroom. Many SIAS investors have sought protection also from errant traders. SIAS conducts dispute resolution sessions regularly to assist investors to resolve issues. Annually, SIAS tracks and grades listed companies for their Corporate Governance practices and rewards those who have excelled with the Singapore Corporate Governance Award.
SIAS also works with Public Listed Companies to reach out to retail investors through its corporate communication programme to enable investors to determine the fundamentals of a company and take a long-term view of the company for investment.
They are the best champions of investors' interests.
Securities Investors Association (Singapore) or SIAS, was founded unexpectedly in June 1999 to champion the CLOB issue. 172,000 retail investors were suddenly stranded when the Malaysian Government froze their investments on Malaysian stocks in September 1998, amounting to US$5 billion. A group of civic-minded citizens lead by Mr David Gerald got together and took on the challenge to help free the frozen shares with an initial backing by 49,880 retail investors as members of the non-profit organisation. Their resoluteness and unity helped to resolve the issue on our terms.
Today, SIAS is a Charity and an Institution of Public Character (IPC), and the largest organized investor group in Asia, with almost 12,000 retail investors as members. It is run by an elected Management Committee comprising of professionals who are volunteers. It actively promotes Investor Education, Corporate Governance and Transparency and is the advocate for Investor rights in Singapore. To-date, SIAS has successfully organized over 1,800 investor education programmes ranging from basic investment seminars for novices to certificate courses for investment savvy investors. Thus far, more than 300,000 retail investors have benefited from these programmes that are offered largely free. Members are educated on the features of investment products, and the attendant risks involved in each product. Investors are taught to make informed decisions on investing. SIAS is able to provide a variety of investor education programmes to its members and the investing community at large through collaborative arrangements with financial institutions and listed companies interested in investor education as part of its corporate social responsibility agenda.
SIAS is ?the voice? for minority shareholders and has already engaged with corporations falling short of good Corporate Governance practices. However, its preferred approach to resolve investors? right issues is to do so in the boardroom and not in the courtroom. Many SIAS investors have sought protection also from errant traders. SIAS conducts dispute resolution sessions regularly to assist investors to resolve issues. Annually, SIAS tracks and grades listed companies for their Corporate Governance practices and rewards those who have excelled with the Singapore Corporate Governance Award.
SIAS also works with Public Listed Companies to reach out to retail investors through its corporate communication programme to enable investors to determine the fundamentals of a company and take a long-term view of the company for investment.
MrBear12 ( Date: 28-May-2024 16:49) Posted:
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SgX don't have the expertise to regulate. That capability.is built up over many years. That pool of regulators.
moonsun ( Date: 28-May-2024 16:38) Posted:
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Just change regulators .. not sgx.. better to be independent to avoid conflict of interest..
We need the SEC of USA.
prophetjul ( Date: 28-May-2024 10:55) Posted:
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Singapore regulators are ZZZZZZZZZZZZZZZZZZZZZZZZZZZZ???????????????
RickyCheng ( Date: 28-May-2024 10:40) Posted:
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Most ipo are exit plan for angel (devil) investors.
Except in this case, the business model is already questionable..
if more due diligence are made, this not never be listed here..
Dyodd
Except in this case, the business model is already questionable..
if more due diligence are made, this not never be listed here..
Dyodd
(Quote) Not long after the IPO, various substantial shareholders, including DBS, which arranged the listing, began to cut their respective stakes.
The retail investors suffered without such (privy?) information.  Just sad.
The retail investors suffered without such (privy?) information.  Just sad.
Most painful Reit in SG history.
I have no eyes to see this or ears to hear.
Please delete this thread, if ever possible.
I have no eyes to see this or ears to hear.
Please delete this thread, if ever possible.
In the end maybe a paltry fine of 100k whereas we lost millions
If singapore is serious.. show the world they really prosecute them . Not another Mickey Mouse sentence..
CEO of fallen Eagle Hospitality Trust looking to contest four criminal charges
https://www.businesstimes.com.sg/companies-markets/ceo-fallen-eagle-hospitality-trust-looking-contest-four-criminal-chargesFINALLY!   
(The Monetary Authority of Singapore (MAS) said that it was aware of the outage, and was conducting its own preliminary investigation.
DBS users have experienced multiple outages in the past year, although previous issues appear unrelated to the Equinix data center.
Those outages led MAS to impose restrictions on the company and direct it to conduct a comprehensive review, including an assessment of the adequacy of management oversight, staff competencies, operational processes, system resiliency, and architecture design for its digital banking services.
That came after an earlier restriction due to a February 2022 outage.)
The Authority would impose the necessary penalties on the Bank for the outages even though the outages arose from its carefully selected vendor and not its own in house data centre.
Similarly for EHT, DBS is responsible for the 3rd party professional for any lapses in their due diligence.  In this case, DBS own credit also did its complementary analysis as it was a secured creditor to the Co.
DBS users have experienced multiple outages in the past year, although previous issues appear unrelated to the Equinix data center.
Those outages led MAS to impose restrictions on the company and direct it to conduct a comprehensive review, including an assessment of the adequacy of management oversight, staff competencies, operational processes, system resiliency, and architecture design for its digital banking services.
That came after an earlier restriction due to a February 2022 outage.)
The Authority would impose the necessary penalties on the Bank for the outages even though the outages arose from its carefully selected vendor and not its own in house data centre.
Similarly for EHT, DBS is responsible for the 3rd party professional for any lapses in their due diligence.  In this case, DBS own credit also did its complementary analysis as it was a secured creditor to the Co.