21-03-2024, 11:03 AM
The share price is due to the perceived unfriendliness of the Singapore non-bank financers. Sing Investment and HL finance do not seem to be shareholder friendly companies. They are family run and these companies are to install family members and relatives for well paying jobs which they otherwise would not be able to find on their own.
The Singapore market inherently seems to have this problem where family run listed Co are shareholder unfriendly, like to milk public investors while installing their family members and friends. There are exceptions to this observations, but these are exceptions.
Its a big problem in SGX but if SGX is to clamp it down, it may mean a lower listing fee. One of the issues I have with the SIngapore model- regulator and profit driven entity are put together
The Singapore market inherently seems to have this problem where family run listed Co are shareholder unfriendly, like to milk public investors while installing their family members and friends. There are exceptions to this observations, but these are exceptions.
Its a big problem in SGX but if SGX is to clamp it down, it may mean a lower listing fee. One of the issues I have with the SIngapore model- regulator and profit driven entity are put together