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
Add BT as a preferred source
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.
TRENDING NOW
Singapore property portal Ohmyhome sells real estate business for US$1 on mounting debt, losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
China’s capital crackdown: Why Hong Kong will still keep its edge over Singapore, others
Singapore to introduce new corporate structure for insurance, speed up approval of new fund types: DPM Gan
