Tag: SGX

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

Ayondo’s SGX Catalist Listing – Why?

Ayondo IPO Balloting Results   Ayondo announced its IPO balloting results yesterday evening. Extraction from the annoncement (link):   Following the close of the Application List at 12.00 noon (Singapore time) on 22 March 2018, the Board of Directors of the Company is pleased to announce that the applications received for the Placement and applications

SGX’s First FinTech Company IPO – Ayondo

Ayondo – An European originated company that provides social trading and brokerage services announced its IPO and set to be listed on SGX on 26-Mar.   The 2 ‘Keywords’ Browsing through the headlines of media reports for the IPO, SGX Observer realised the 2 most associated keywords are ‘FinTech‘ and ‘Loss-Making‘.   Ayondo – Company

OCBC Bank overtakes SingTel as South-east Asia’s 2nd most valuable company

DBS overtook SingTel as South-east Asia’s most valuable company in November 2017. According to The Straits Times and TodayOnline, “The lender had a market capitalisation of S$62.97 billion as of Thursday (Nov 24)’s close, compared with Singtel’s S$60.42 billion. The telecommunications company is expected to face more competition from new Singapore mobile-phone entrant TPG Telecom Ltd.”

SGX StockFacts – Stock Facts?

Frasers Centrepoint Trust acquired one-third stake in Waterway Point (??) Frasers Centrepoint Asset Management Ltd (Manager of Frasers Centrepoint Trust) this morning issued a clarification note regarding ‘a website posting’ at SGX StockFacts portal title “Frasers Centrepoint Trust (SGX:J69U) acquired one-third stake in Waterway Point from Frasers Centrepoint Limited (SGX:TQ5)” (link) The Manager wishes to