Singapore Exchange (SGX) is finally going to reduce the standard board lot size. Currently in the Singapore market, most shares are traded in lots of 1000 shares. This is as a result of a legacy from the past, when physical share scripts are delivered whenever you buy shares. Stipulating a minimum reduces the cost of […]
The long dated orders feature that was previously announced by SGX has finally been implemented a few days ago. These long dated orders will allow investors to retain buy or sell orders for longer than one day. Investors can specify the number of days they want their orders to stay active up to a maximum […]
SGX has finally decided to make it compulsory for listed companies to hold their general meetings in Singapore. In addition, the voting by show of hands method will be replaced by the voting by poll method. These are positive changes that many investors have been requesting SGX to adopt for a very long time. (i) […]
Singapore Exchange (SGX) is consulting the public on proposed circuit breakers for the securities market. Circuit breakers seek to address sharp price movements in a traded instrument within a short period and give the market time to take stock of the situation. In this manner, circuit breakers serve as a safeguard against disorderly trading. Circuit […]
Looks like SPH is the latest company to spin off their property assets into a REIT IPO. The REIT will buy Paragon and the Clementi Mall from SPH for $3.07 billion and is expected to list in early July. It will hold about $900 million of debt and have a market value of $2.2 billion. […]