Singapore-based 8i Holdings seems to lack investing nous it espouses
Add BT as a preferred source
Anita Gabriel
FOUR years ago, Singapore-based investment and financial education firm 8I Holdings (8iH) opted to list on the Australian Stock Exchange instead of its home exchange.
The move might have caused some consternation, given the dearth of new listings on the Singapore Exchange (SGX) then.
For a while there, it seemed ASX had hit paydirt. In just 14 months following its debut on December 2014, the stock climbed five-fold to take its market value to over A$400 million.
TRENDING NOW
Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS survey
Simba’s 5G spectrum hurdle may accelerate Singapore’s telco market reset
Yen hits 40-year low in historic slide that’s rattled Japan
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
