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Datapulse Technology playing YOYO with disclosure-based regime

The company's confusing and obfuscatory statements make Singapore's system seem as if it might as well be called You're On Your Own. This is bad for the Republic's market and reputation.

The manner through which 29-per cent shareholder Ng Siew Hong was able to seize control of the board by appointing her four nominees, just one month after the company's annual general meeting without other shareholders having a say, leaves much to be desired.

A more apt name for our disclosure-based regime may be YOYO or You're On Your Own.

On Jan 30, 2018, Datapulse Technology issued a "General Update Announcement" which disclosed some additional information and made certain claims. Like previous disclosures by the current and previous boards...

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