The art of pro-active disclosures

RECENT issues with a couple of stocks on the Singapore Exchange (SGX) mainboard show how companies' adherence to disclosure standards, as always, has much room for improvement.

One such case concerns Keppel DC Reit, which went public this month in one of the largest initial public offerings (IPO) this year.

The Business Times reported on Dec 3 that a power outage at one of the data centres in the real estate investment trust (Reit), Keppel Digihub, was possibly behind a recent SGX system failure. In a major incident, SGX trading was disrupted for a few hours in early November.

Potential Reit investors were not alerted to the data centre's invo…