09-04-2018, 08:52 AM
(06-04-2018, 03:28 PM)weijian Wrote: This was actually bought up by Dr Mak last week and i am glad some action has been done by SGX to ensure OPMIs are not prejudiced (as what has been done in the SIAS meeting)
http://governanceforstakeholders.com/201...on-issues/
While I am glad that SGX is taking actions, it should not need to come about only after Dr Mak makes his observation about the disclosure failure. And this is not the first time this has happened. In fact, I think it happened to Datapulse a few times since Dec last yr.
Of cos to be fair to SGX, I'm not suggesting that SGX only takes action whether someone like Dr Mak writes an article about it.
But surely it is a little disconcerting that SGX compliance unit is not a little stronger or filled with people with the same doggedly determination of Dr Mak to dig out the facts (all publicly available records). And I would suggest further that people with dodgy reputation or track record should be tracked more closely whenever companies they are associated with makes a disclosure.