Let companies decide if they want to report quarterly or half-yearly
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I REFER to your Hock Lock Siew column headlined "Quarterly reporting revisited" (BT, Jan 13).
When quarterly reporting was first implemented in 2003, there was a chorus of naysayers who voiced their opposition. But soon the market adjusted and accepted the practice. Now, with the United Kingdom and some European markets relaxing the requirement, the Singapore Exchange (SGX) is revisiting the once controversial subject.
SGX is seeking feedback from companies and market players before determining the next course of action.
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