Disclosure tweaks and quarterly reporting go hand-in-hand

IN A possible prelude to the scrapping of quarterly reporting, the local bourse operator has proposed a series of tweaks to disclosure requirements under listing rules to tighten existing loopholes.

While the refinements are welcome, having more information from listed companies on an ongoing basis should not pave the way for quarterly reporting to be tossed out.

On Dec 7, the Singapore Exchange (SGX) said it has proposed tweaks to disclosure rules in several areas including interested persons transactions (IPT), secondary fund-raising and huge transactions and loans.