SMCCA faces hurdle in membership drive

Singapore

PEOPLE have told him that he is brave - to put it mildly - for helming the Small and Middle Capitalisation Companies Association (SMCCA), says Tan Choon Wee, president of the freshly minted association.

Indeed, even as the association is actively looking to beef up its membership count, it is facing some reluctance from companies it says are afraid of offending the Singapore Exchange (SGX).

"The SGX regime that we dealt with in the early days is very different from the SGX of today. The SGX then was far more forthcoming, very responsive, and I would say to a certain extent, pretty fair. But the SGX we have known in the last three to fi…