Category Archives for Investing
Outcome of Securities Market Structure and Practices Review
Six months ago, MAS and SGX issued a consultation paper on some changes to enhance orderly trading and transparency of stocks on SGX. A couple of days ago, they released the results of the consultation: MAS and SGX Issue Response to Consultation on the Review of the Securities Market Structure and Practices If you like […]
MAS to Regulate Unregulated Investment Products
In the past ten years, there had been many companies that offered all kinds of investment opportunities to the public. Companies like Profitable Plots, Genneva Gold, Oil Pods,…The list goes on. Even though the public are sold what are essentially investment products, these are mostly unregulated as they are considered as non capital markets products […]
EcoHouse on MAS Investor Alert List
Today, there was an article on Straits Times that Brazilian property developer EcoHouse has been placed on MAS Investor Alert List. Actually, the news is not new as EcoHouse was already placed on the MAS watch list quite a while back. The sales network manager of EcoHouse, Simon Dawson, did not respond to Straits Times […]
Profitable Plots Directors Jailed
Today, Singapore courts found the two Directors of Profitable Plots, Timothy Nicholas Goldring and John Andrew Nordmann guilty of cheating. It was found that Timothy Goldring and John Nordmann had misrepresented an investment scheme called Boron. Investors were told that their funds would be used for the purchase of Boron products, but most of the […]
Property Seminars and Unlicensed Property Agents
When I first read the article “Unlicensed property agent faces charges” that talked about someone selling overseas property without a license from CEA, I wasn’t at all surprised. The usual mode of operation would be to hold a property seminar preview (promoting via advertisements on the Straits Times), sell a property investment course and then in some cases, offer […]