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HOCK LOCK SIEW
Clearing the air on QR and disclosures
SGX should err on the side of requiring more companies to do quarterly reporting. This should include companies that abuse the flexibility of Catalist rules or undertake many corporate transactions that have limited financial impact and are unlikely to be scrutinised.
BT FILE PHOTO
ON Feb 7, when the Singapore Exchange (SGX) revealed the 112 companies that have to do quarterly reporting, the names on the list came as no surprise: 94 are firms with audit concerns, six are dealing with regulatory concerns, and 12 face both regulatory and audit concerns.
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