Category Archives for Shares
New Short Selling Rules Start Today
If you perform any online sell share transactions on the SGX today, you will notice that there is a new column where you will need to indicate whether it is a short sale. A short sale means a sell trade that you either do not yet own the shares at the point of selling (naked […]
MGCCT IPO Prospectus
The Mapletree Greater China Commercial Trust (MGCCT) IPO was launched last week and will close on 5 March 2013 at noon. At a price of $0.93, MGCCT offers a projected distribution yield of 5.6% and 6.1% for the next two years. I’m not a big fan of this MGCCT IPO for the following reasons: It […]
SC Global to be Privatised
It looks like Simon Cheong has won the battle with Wheelock over his SC Global offer. Wheelock has decided to sell their shares to Simon Cheong. With that, the number of shares owned by Simon will exceed 90% of the total shares. He will be able to delist the company and do a compulsory acquisition […]
Securities Industry Council Issues Public Statement on Competitive Situation in Relation to Fraser and Neave
Looks like the authorities got fed up with the stalemate. SIC Public Statement on F&N
SGX to Report Daily Short-Selling Volumes
Starting from March 2013, SGX will give detailed information for short sales on the Singapore Exchange (SGX). The daily short sales volume for individual counters will be provided. The increased transparency comes more than two years after SGX had first proposed the idea in a consultation paper. The recent saga regarding Olam might have hastened […]