M&As
Sabana Reit trustee: Requisitionists’ proposed internal manager directors must obtain MAS approval
THE trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) said the requisitionists’ proposed candidates for directorship in the internal manager must first meet regulatory requirements.The six candidates...
Recent investigations by MAS and CAD
JUST this week, water treatment company Memiontec announced that its husband-and-wife founders were being jointly investigated by the Commercial Affairs Department (CAD) and Monetary Authority of Singapore (MAS). Executive...
MAS issues 9-year prohibition order against ex-OCBC representative for misconduct
THE Monetary Authority of Singapore (MAS) on Monday (Aug 19) issued a nine-year prohibition order against Hoi Wei Kit, a former representative of OCBC, for misconduct. Effective from Monday,...
MAS review group or not, boards and directors need to be more dynamic
Even as directors manage business risks and are careful not to fall foul of the rules and regulations, getting the right balance with the creation of shareholder value is...
MAS review group needs to bring stakeholders together, and find a way to realign their interests
Relatively high yields offered by Singapore’s leading stocks and Reits could be attractive to global investors seeking diversification amid heightened volatilityAs global markets convulsed on Monday (Aug 5), one...
SGX will represent broader views in MAS review group: CEO
THE review group set up by the regulator to improve Singapore’s stock market will engage a wider group beyond its own members, said Loh Boon Chye, the chief executive...
MAS prioritises policyholders, competitive market in assessing Allianz-Income deal: Chee Hong Tat
THE Monetary Authority of Singapore (MAS) will prioritise the interest of policyholders when assessing Allianz’s proposed acquisition of a majority stake in Income Insurance, said Second Minister for Finance...