Sunday, March 31, 2019

WOTC - Slow in dealing with disclosure lapses

I asked this question in the Wisdom of the Crowd:

Were MAS and SGX slow in dealing with the possible disclosure lapses in Hyflux?

Here are the responses: (35 Votes)
60 % - They should scrutinise the prospectus more carefully at the time of issue of the securities and ensure that the information is clear and adequate.
29 % - They should act when Hyflux applied for court protection in May 2018.
6 % - The investors should make study the prospectus carefully before investing in the securities.
6 % - Let the retail investors learn the lesson.

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=1248

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