SPH To Collaborate with Keppel And Get More M1 For Free?

SPH announced on 27-Sep  (link): SPH has undertaken to roll-over its existing 13.45% stake in M1 into the Offeror, and is envisaged to invest up to approximately S$51.3 million in cash in the Offeror to partially fund the Offer. Upon the close of the Offer, SPH’s effective stake in M1 may increase up to 16.13%. 

FTSE ST Basic Materials Index Plummeted 43% Today

FTSE ST Basic Materials Index down 33.54 to 43.70 on 21-Sep-2018. It caught SGX Observer’s attention that this particular index stands out among the FTSE ST Indices today with the biggest swing.  The plunge occurred this morning before 10am according to the chart shown at SGX website.   FTSE ST Basic Materials Index 21-Sep-2018 Further

Jardine Matheson Overtakes DBS Group By Market Cap

The 5 Largest SGX Stocks   Prudential, Singtel, DBS Group, Jardine Matheson and Jardine Strategic have been the 5 largest SGX stocks by market cap for quite sometime (except for Apr-18 when OCBC Bank overtook Jardine Strategic by about 1 billion). However, 3 out of the top 5 stocks ie Prudential, Jardine Matheson and Jardine

Aiyoh “ayondo” Toh !

ayondo – The first FinTech company listed on Singapore Exchange on 26-Mar-2018, is celebrating its first trimester of listing. Share price of ayondo, however, was down nearly 15% today and closed at $0.075. Over the 3 months of listing, share price of ayondo has down 71% from the IPO price of $0.26. 🙈    

SIAS Withdraws The “Most Transparent Company Award” to Midas

Securities Investors Association Singapore (SIAS) announced on 30-May-2018 to withdraw the ‘Most Transparent Company Award’ awarded to Midas Holdings from year 2012 to 2016. The press statement by SIAS is here.   SIAS Investors’ Choice – Most Transparent Company Award The “Most Transparent Company Award” is given to about 50 companies listed at SGX every