Fifteen years on, is Sias still relevant?

[SINGAPORE] Fifteen years ago, a minority-investor rights group called the Securities Investors Association of Singapore (Sias) was born out of the cross-border debacle known as the Clob saga.

A year earlier, Malaysia had declared that trading of Malaysian shares on Singapore's Clob International was illegal. The episode is now water under the bridge. Capital markets too, have changed much in shape and tone, especially in recent years.

Is Sias therefore still relevant?