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OPINION

Time to take another bite of S-chips

Numerous scandals involving S-chips have tarred these mainland-operating, S'pore-listed companies with the same brush. But do all S-chips deserve their bad reputation?

IT WAS meant to be one of the Singapore Exchange's (SGX) success stories. One of our biggest skincare companies, Best World International, saw its profits grow almost 40-fold between 2013 and 2017. It was valued at S$1.8 billion at its peak in February 2019.

The stock lost its lustre when...