Centurion CEO Kong Chee Min adds to interest at S$0.59 per share

Centurion CEO Kong Chee Min adds to interest at Salt=

Institutions were net buyers of Singapore stocks over the five trading sessions till to Jul 11, with S$192 million of net institutional inflow, following the similar pace of S$188 million of net inflow for the preceding five sessions to Jul 4. In the first nine sessions of July, institutions reversed just over one-third of the…

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Investing GIC funds ‘not the solution’ to make Singapore’s equity market more attractive: Chee Hong Tat

Investing GIC funds ‘not the solution’ to make Singapore’s equity market more attractive: Chee Hong Tat

DIRECTING Singapore’s sovereign wealth fund, GIC, to invest in locally listed companies is “not the solution” to improve the attractiveness of the Republic’s equity market, as doing so will compromise the government’s objectives for setting up GIC. This will not benefit Singapore and Singaporeans, said Chee Hong Tat, Second Minister for Finance, in Parliament on…

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