Dear Investors, Singapore celebrated its National Day yesterday and how time flies, we are into August of year 2014. Year 2013 was a year which some Singapore retail investors would like to forget for year 2013 was a year which saw the trio of penny stocks: Blumont, Asiasons Capital and LionGold went south, wiping out billions of dollars from the Singapore Stocks Exchange. While the investigation report into this penny stocks saga has not been released yet, some changes which are considered more of stocks markets reforms have been proposed. First, stocks trading on SGX must have a minimum trading value of twenty-cents; second, a five-percent collateral should be placed for contra-trading and third the minimum lot size will become 100 shares instead of 1000 share. In my opinion, which I have put up a post on this topic here, I would really think that the proposed measures will ......
