SGX RegCo partners SISV to raise valuation standards

Singapore

THE regulatory arm of the Singapore Exchange (SGX RegCo) is joining hands with the Singapore Institute of Surveyors and Valuers (SISV) to set standards for property valuation for public companies here.

Under a pact inked on Tuesday, the institute will provide SGX RegCo with expert advice and support in reviewing whether property valuation reports are conducted and prepared in compliance with the applicable standards and guidelines.