The Securities Investors Association of Singapore (SIAS) has recently proposed a new initiative it hope to push out: Spend $1million per year for 5 years to hire Analysts to run through listed companies' annual reports and generate questions to ask during their respective Annual General Meetings (AGM). The concept of getting its members and SGX to contribute money for SIAS to engage analysts to conduct research and analysis on listed companies in my view is a waste of resource and time. While it may seem to be the correct thing to do – having analysts put up questions with regards to the companies' financial well-being and corporate governance, the questions raised would only receive an mediocre answer from the management to “pass” the question. Without a strong shareholder with the support of many other shareholders pushing for change, the existing management of most companies would not make any ......