Voluntary quarterly reporting has reduced visibility on listed companies' outlooks
Analysts say SGX's new risk-based approach has led to reduced visibilities and difficulties making projections
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Tay Peck Gek
Singapore
THE adoption of a risk-based approach to quarterly reporting by the Singapore Exchange (SGX), effective Feb 7, has coincided with the worst pandemic in Singapore's history.
Just as investors and analysts are in need of more and timelier data about companies' financial and operational performance, most listed companies are no longer required to provide such information on a quarterly basis. This has led to reduced visibilities and difficulties making projections, said analysts.
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