Jan
17
2012
SGX has recently launched an online portal called My Gateway providing investment education for investors.
My Gateway provides market updates, recorded webcasts, calculation tools and information about the various products on SGX.
You can view historical charts of traded securities on SGX and there is also information about upcoming events and courses.
For now, stand up to win one of 5 iPads if you sign up to be on SGX’s investment updates mailing list.
Permanent link to this article: http://www.martinlee.sg/sgx-my-gateway/
Dec
16
2011
Many people like to track their stock holdings via the brokerage platform that they bought their shares with.
As each platform will only tabulates the holdings based on the transactions you have executed with them, this could lead to inaccurate results and erroneous trades (example selling shares you don’t own).
Even if a person uses only one platform for all his trades, you can still be given the wrong information as the platform will not track corporate actions like share consolidation, stock splits, bonus issues and rights issues.
The correct way would be to track your holdings via the The Central Depository, which will give a true indication of your current stock holdings. This can be done simply via the online platform of CDP.
SGX has announced a revamp of this existing system, which will take about three years to complete.
Under the new system, Singapore’s stock brokerage firms will have access to your CDP account and your broker will be able to tell how many shares you have.
You can also choose to receive electronic version of the CDP statements instead of the physical copies that you are currently receiving. Now, that would really cut down on a lot of wasteful paper!
Permanent link to this article: http://www.martinlee.sg/tracking-holding-of-shares-in-cdp/
Nov
29
2011
As part of SGX’s ongoing efforts to improve the overall quality of listed companies in Singapore, SGX had introduced a SGX Watch-list a few years ago to highlight persistent loss making companies.
The admission criteria to get into this Watch-list includes:
There will be a quarterly review to identify companies that meets these criteria.
Once admitted into this Watch-list, the company will need to submit an application (upon meeting the criteria of Rule 1314) within 24 months after it was placed onto the Watch-list, failing which it might be forced to delist or trading of its shares might be suspended.
Such a forced delisting is often an unhappy affair for minority shareholders as the company will usually not have the money to make a decent delisting offer.
Under Rule 1314, the company will need to show :
The Watch-list rules do not apply to investment funds, real-estate investment trusts, business trusts, global depository receipts (GDRs) and secondary-listed companies listed on the Mainboard.
Permanent link to this article: http://www.martinlee.sg/sgx-watch-list/
Nov
11
2011
For those of you who invest into SGX listed shares, this event is worth checking out.
Date: 25 November 2011 (Friday)
Time: 2:30PM to 5:30PM (Registration starts at 2:00PM)
Venue: SGX Auditorium, 2 Shenton Way, SGX Centre 1
Admission: Free
You can register for it here.
Seminar Outline
Background of recent delisting activity in Singapore and specific areas to note:
Privatisation offer vs Scheme of Arrangement
Case Study: Circular to Shareholders on delisting
Permanent link to this article: http://www.martinlee.sg/delistings-what-investors-should-know/
Aug
11
2011
SGX has been quick to implement the Customer Account Review as required by the new MAS regulations.
I was surfing through their website yesterday when I found that module, as well as other online modules for investor education.
According to the system, the account review information will be shared with your stock brokers, who will then access whether you can trade specified investment products, which will include the following:
Unfortunately, the SGX website seems to be down at this moment so I can’t share the link.
In fact, I had problems accessing the website for the whole morning. Overwhelmed with too much traffic perhaps?
And STI is down about 75 points at this moment as I write this.
Update : The link to the customer account review is here.
Permanent link to this article: http://www.martinlee.sg/sgx-implements-customer-account-review/
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