SGX, SISV reviewing valuation and reporting practices
Quality valuations seen crucial to safeguarding investor interest and maintaining confidence in Reits, business trusts
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SINGAPORE Exchange (SGX) and the Singapore Institute of Surveyors and Valuers (SISV) are jointly reviewing valuation practices and the reporting carried out by real estate valuers that are engaged by listed issuers.
A committee has been formed to carry out the review, they said in a joint statement on Thursday.
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