YuuZoo's latest disclosure opens a Pandora's box for SGX
Are companies allowed to post positive research reports - whether paid or independent - about themselves on the SGX website?
MAYBE it's only me, but I'm not comfortable with e-payments firm YuuZoo posting a positive research report about itself as an official release on the Singapore Exchange's (SGX's) website, especially when YuuZoo paid for the research in the first place.
If all companies start doing what YuuZoo did, then where do we draw the line? Should companies be allowed…
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