SIAS

Sias calls on Advanced Systems Automation to clarify Asti offer over governance, valuation concerns

Sias founder David Gerald says implied discount to Advanced Systems Automation’s offer has ‘widened materially’ to in excess of 67%

Current passing rents at MBFC Tower 3 are about 10% below the Marina Bay average, Keppel Reit's manager notes.

Keppel Reit wanted more of MBFC, but Hongkong Land’s 20-day deadline hobbled gearing fix

After the S$1.45 billion sale of its Tower 3 stake, Hongkong Land pumped its remaining MBFC interests into a new Singapore private real estate fund

Dr Bernard Lee (above), CEO of Singapore Paincare, and Dr Jeffrey Loh, chief operating officer, in August signed off WhatsApp messages to shareholders ahead of a privatisation meeting.

Sias calls on Singapore Paincare to clarify actions after failed privatisation bid

Move is in light of the impact the collapsed deal has on minority shareholders

It is the third time that ST senior correspondent Angela Tan has been recognised at the annual Sias Investors’ Choice Awards.

ST journalist wins Financial Story of the Year award

Angela Tan recognised for scoop on Kwek family feud; Lianhe Zaobao, CNA938, The Edge Singapore also bag awards

David Gerald of Sias says that a company’s board sets the tone from the top and is key to fostering the right culture.

Corporate governance and culture must go hand in hand amid complex challenges: Sias

They are ‘two sides of the same coin’, says founder, president and CEO David Gerald

Unequivocal IFA independence would boost confidence in the market, which could lead to more interest and improved liquidity.
THINKING ALOUD

Ensuring IFA independence is crucial

In an ideal world, the independent financial adviser would be appointed by an external party – possibly regulators or even Sias – and should not receive payment from target companies

MAS launched a public consultation on Jul 1 and is seeking feedback until Sep 1.

MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers

The move is seen as a response to industry feedback, aiming to reduce complexity and broaden retail investor access to a wider range of financial products