Singapore Exchange (SGX)

[CityFarmer]

Expect more rubbish to head here to convince our naive investors...

Yes, I sincerely feel that those "naive" (i.e. those don't know what he/she is doing, or those doesn't trust on S-Chip) should always avoid S-Chips totally, both the existing ones and the up-coming ones

(from a SGX shareholder)

[Temperament]

Ha! Ha!
Anyone like another round of "China's Chocolate Chips". 1st round is called "S Chips". Still holding some "S Chips" leh.
What do you want to call the 2nd round?

[CityFarmer]

Ha! Ha!
Anyone like another round of "China's Chocolate Chips". 1st round is called "S Chips". Still holding some "S Chips" leh.
What do you want to call the 2nd round?

S+ Chip?

[CityFarmer]

1Q result will be announced on 21 Oct 2014

http://infopub.sgx.com/FileOpen/20140922...eID=315519

[greengiraffe]

http://www.businesstimes.com.sg/premium/...m-20140924

PUBLISHED SEPTEMBER 24, 2014
HOCK LOCK SIEW
SGX must overcome market's cynicism and scepticism
BYR SIVANITHY
sivan@sph.com.sg @RSivanithyBT

SINCE the start of the year, the Singapore Exchange (SGX) has embarked on a radical revamp of its business in order to improve and strengthen the marketplace. Some proposals are still at the consultation stage and will take time to come into force - for example, moves to give the exchange more disciplinary powers will require statutory approval, which could prove a lengthy process. Some will probably meet with resistance from the business community and may have to be tweaked to gain acceptance, while others may have to be totally scrapped.
Among the challenges that the exchange will encounter in the weeks and months ahead in its bid to transform the market, the biggest will probably be the need to overcome an ingrained cynicism and widespread scepticism which, sad to say, seems to have taken root in many corners of the local marketplace.
Take, for example, the proposal to require a minimum sum of 20 cents to retain a listing on the mainboard, which was presumably partly mooted to address criticism that Singapore is mainly "a penny stock market" or, to use a colloquialism, "a kuching-kurap" market.
This move, which was first proposed in this column more than 12 years ago (Hock Lock Siew, "Time to introduce rules on continued listing", April 8, 2002) should be welcomed because apart from (hopefully) resulting in more active trading and an improvement to the market's low-priced reputation, it should force companies to actively manage their share prices by being more proactive in engaging the investment community if there's a danger of the price falling below the specified threshold.

[CityFarmer]

I do believe SGX is on a right track for the better. Some have been done, and SGX has also started consultation phases for some of the proposals.

I wish SGX all the best...

(from a shareholder)

http://www.businesstimes.com.sg/premium/...m-20140924

PUBLISHED SEPTEMBER 24, 2014
HOCK LOCK SIEW
SGX must overcome market's cynicism and scepticism
BYR SIVANITHY
sivan@sph.com.sg @RSivanithyBT

SINCE the start of the year, the Singapore Exchange (SGX) has embarked on a radical revamp of its business in order to improve and strengthen the marketplace. Some proposals are still at the consultation stage and will take time to come into force - for example, moves to give the exchange more disciplinary powers will require statutory approval, which could prove a lengthy process. Some will probably meet with resistance from the business community and may have to be tweaked to gain acceptance, while others may have to be totally scrapped.
Among the challenges that the exchange will encounter in the weeks and months ahead in its bid to transform the market, the biggest will probably be the need to overcome an ingrained cynicism and widespread scepticism which, sad to say, seems to have taken root in many corners of the local marketplace.
Take, for example, the proposal to require a minimum sum of 20 cents to retain a listing on the mainboard, which was presumably partly mooted to address criticism that Singapore is mainly "a penny stock market" or, to use a colloquialism, "a kuching-kurap" market.
This move, which was first proposed in this column more than 12 years ago (Hock Lock Siew, "Time to introduce rules on continued listing", April 8, 2002) should be welcomed because apart from (hopefully) resulting in more active trading and an improvement to the market's low-priced reputation, it should force companies to actively manage their share prices by being more proactive in engaging the investment community if there's a danger of the price falling below the specified threshold.

[CityFarmer]

SGX has done well on derivatives market...

SGX, Asia Pacific Exchange of the Year

Singapore Exchange, Asia’s leading exchange and clearing house, is pleased to receive strong
industry recognition for its service to Asian derivatives markets
SGX was named “Asia Pacific Exchange of the Year”, “Asia Central Counterparty (CCP) of the Year”,
and “Clearing House of the Year”. SGX also won the “Best Innovation by an Exchange” for its SGX
Iron Ore Futures and “Best New Contract in Currency” for its INR/USD Futures contract. These
awards were presented respectively in London and Singapore.
http://infopub.sgx.com/FileOpen/20140926...eID=316115

[greengiraffe]

http://www.businesstimes.com.sg/premium/...g-20140930

PUBLISHED SEPTEMBER 30, 2014
SGX: T+2 is not the end of contra trading
Trading tech vendor says settlement will be devolved to individual broking firms
BY R SIVANITHY AND AMIT ROY CHOUDHURY
sivan@sph.com.sg @RSivanithyBT
amit@sph.com.sg @AmitRoyCBT

The Singapore Exchange (SGX) remains on track to shift from a T+3 settlement period to T+2 - possibly by 2016 - but when it does, it does not mean the end of "contra" trading - PHOTO: SPH
[SINGAPORE] The Singapore Exchange (SGX) remains on track to shift from a T+3 settlement period to T+2 - possibly by 2016 - but when it does, it does not mean the end of "contra" trading.
More importantly, the industry could eventually see settlement decentralised to individual broking houses, with each responsible for its own technology systems.
In response to a BT query, Nico Torchetti, SGX senior vice-president and head of depository services, said: "We will work closely with brokers to enable efficient and flexible choices for investors to securely participate in the markets for those with different needs and different time horizons.
"This includes the implementation of collateralisation requirements which does not preclude contra, that is, net settlement with a broker, or secured margin financing for longer duration trades."

[CityFarmer]

SGX acquires remaining 51% stake in EMC for $23 million

Singapore Exchange said it has acquired the rest of electricity market operator Energy Market Co (EMC) for $23 million in cash. SGX bought the remaining 51% of EMC from the Energy Market Authority of Singapore, two years after buying an initial 49% stake for $17.6 million plus a conditional $2 million.

EMC is the exchange for wholesale electricity trading, providing a transparent and competitive trading platform. Its key activities include calculating prices, scheduling generation, clearing and settling market transactions as well as supporting governance of the market.
...
http://www.theedgesingapore.com/the-dail...llion.html

[greengiraffe]

http://www.businesstimes.com.sg/premium/...p-20141003

PUBLISHED OCTOBER 03, 2014
HOCK LOCK SIEW
One Indonesia sector that SGX can tap
BYMALMINDERJIT SINGH
msingh@sph.com.sg @MalminderjitBT

NAM Cheong's announcement earlier this week to increase its presence in the lucrative Indonesia offshore and marine market could see an uptick in SGX-listed companies heading there.
Malaysia's largest offshore support vessel (OSV) builder said that it was investing US$30.7 million for a 30 per cent stake in Marco Polo Marine's Indonesian subsidiary, BBR. The Jakarta-listed BBR provides shipping services for various kinds of bulk materials, including coal, granite and sand.
Nam Cheong is not the first SGX-listed company to tap the ship chartering segment in Indonesia. Indeed, Marco Polo Marine itself did so with its stake in BBR, while Pacific Radiance has its Indonesian joint venture with PT Logindo and ASL Marine (ASL) has its stake in PT Capital Nusantara (Capital). Nam Cheong itself had invested in another Indonesian shipping firm, BNI, in September 2013.
The lure of the Indonesian ship-chartering market is clear and strong. Oil and gas companies operating in Indonesia have set aside US$5.3 billion this year to develop oil and gas fields there, 23.1 per cent higher than last year, according to Platts.