After moving to a disclosure-based regime, mandatory quarterly reporting (QR) was introduced here in 2003. Opinions have been divided as to its usefulness, which means regulators have had to constantly grapple with clamour from some quarters to scrap the practice, while at the same time answering the countervailing demands of others who want QR retained.
The practice has been reviewed and revised over the past 14 years, and the Singapore Exchange (SGX) is currently calling for feedback on its latest consultation paper on the subject, which includes proposals to allow minority shareholders to vote on either retaining or scrapping QR and to raise the reporting bar to companies above a market capitalisation of $150 million from the current $75 million.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you