Value-unlocking a key market theme in H1 2021
Companies delivered value through restructurings, privatisation offers, drawing strategic investors, and hiking their dividends
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AT the beginning of 2021, this column expressed optimism about the market and suggested that it was time for investors to widen and increase their exposure to stocks.
It was a terribly easy call.
By then, it was clear that Covid-19 vaccines were on their way - in fact, Singapore had received its first shipment of the Pfizer-BioNTech vaccine the previous month - and that global economic activity was recovering.
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