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Analysts, investors must challenge status quo to unlock value, forge a more vibrant market

The widespread undervaluation of Singapore stocks may have reduced the incentive to run companies for the benefit of minority investors

Ben Paul
Published Mon, Jul 24, 2023 · 05:00 AM
    • Initiatives to boost the vibrancy of the Singapore market mooted during the recent Mark to Market "Live" event could become a difficult and disagreeable business if they run up against the vested interests of a company's board and controlling shareholder
    • Initiatives to boost the vibrancy of the Singapore market mooted during the recent Mark to Market "Live" event could become a difficult and disagreeable business if they run up against the vested interests of a company's board and controlling shareholder PHOTO: BT FILE

    DURING the Mark To Market “Live” forum held earlier this month, there were lots of comments and questions from the audience about the long-term weakness of the Singapore market, and the widespread undervaluation that has resulted in many companies being taken private on the cheap.

    Among the possible solutions floated during the lively discussion was that there should be more analyst and media coverage of promising Singapore-listed companies.

    It was also suggested that Temasek and other Singapore institutional investors should be encouraged to invest more in the local market.

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