Shares & Derivatives
Singapore Stocks Exchange (SGX) AGM
By Singapore Stocks Investing (SSI)  •  September 26, 2015
I read from the newspapers that shareholders “grilled” the management of SGX at SGX’s AGM over certain measures that the bourse has implemented and these included “minimum trading prices” and “minimum trading lot sizes”. As a recap, the minimum trading lot sizes has been reduced from 1000 shares to 100 shares while the minimum trading prices on the SGX mainboard is set at twenty cents per share, where in the past there was not such practice of a minimum trading price. I have shared with readers in SSI that personally I do not really think that the above two measures in any way help the retail investors. I have noted how some smaller companies, in a bid to comply with the minimum trading prices have consolidated their shares which saw their stock prices above the required threshold post-consolidation. After some time, the share prices drop back to below threshold levels. ......
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By Singapore Stocks Investing (SSI)
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