07
February
2018
|
19:15
Asia/Singapore

Datapulse Technology playing YOYO with disclosure-based regime

Assoc Prof Mak Yuen Teen from the Dept of Accounting at the NUS Business School opined that Datapulse Technology’s confusing and obfuscatory statements make Singapore’s system seem as if it might as well be called You’re On Your Own (YOYO). He added that if companies continue to ride roughshod over minority investors, we will see confidence in our market draining away rapidly. This will in turn adversely affect liquidity and valuations, and make SGX a truly unattractive place to list.