Eng Wah Organisation – Lack of Transparency
Minority shareholders are unhappy with the lack of transparency with regard to the proposed asset sales arising from the RTO. Their complaint is that the process of sale is not transparent. There is a potential conflict of interest as the...
Read MoreSIAS’ First Distinguished Honorary Member
SIAS is pleased to announce that Mr J Y Pillay, Chairman of SGX, has kindly accepted SIAS’ invitation to be its First Distinguished Honorary Member. His acceptance is a statement of his strong support to the cause of small investors...
Read MoreResignation of Two Independent Directors from Swissco International
SIAS has been closely following the resignation saga of the two independent directors of Swissco International with serious concern for the interests of the minority shareholders of the Company. Having read the numerous press reports which covered the Company’s announcement and...
Read MorePre-Eogm Meeting Between Sias And Minority Shareholders Of First Software Corporation Limited
Some minority shareholders of First Sortware Corporation Ltd (“FSC”) met with me this late afternoon with regard to their serious concerns on the current Management/Directors performance and the prospect of delisting of the Company by December 25, 2007 as informed...
Read MoreSIAS Chairman – Mr Tan Chok Kian
The Management Committee of SIAS is pleased to announce that its Constitution has been amended by members at an EOGM on 11th August to enable the Management Committee to appoint a Chairman to the Association. Whilst the President and the...
Read MoreYellow Pages (Singapore) Limited
This afternoon the Independent Directors of Yellow Pages (Singapore) Limited comprising of Mr Richard Charles Helfer, and Ms Helen Yeo met with Mr David Gerald, Mr Vincent Chen Mr Ang Hao Yao, Mr Kenneth Pang to seek the view of...
Read MoreCity Spring Management Fee
City Spring CEO, Mr Fai Au Yeung, CFO Mr Tong Yew Heng, and their Investor Relations Advisor, Mr Ivan Tan, met with SIAS President/CEO, Mr David Gerald, members of SIAS Corporate Governance committee Mr Ang Hao Yao, Mr Kenneth Pang...
Read MoreSGX Proposed Changes in Listing Rules
SIAS welcomes SGX’s latest consultation paper on proposed changes to its listing rules. Particularly, SIAS supports a new rule to require more transparency on the granting of stock options.
Read MoreSIAS Calls for Isetan to Address Minority Shareholders Concerns
We have today met with representatives of Isetan’s minority shareholders, Mr Soh Suwe, Mr Eng Guan Siah and Mr How Kok Kooi who with others had requisitioned for the company EGM, which will be held on 10th January 2007.
Read MoreIndependent Directors
Recent events have once again brought the topic of the role of independent directors into light. SIAS would like to state its position on behalf of minority shareholders on some of the issues canvassed so far.
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