03-01-2022, 08:39 AM
Rose to a peak while market was falling then halted for major announcement....
This is has happened may times. Leaking sensitive information of listed companies is a serious offense and happened repeatedly....yet nothing is done.
You don't see such blatant breaches on the NYSE. People who use insider information faced decades in jail...last being raj rajaratnam who went to jail.
Yet the slack policing on the Singapore exchabge is allowed to continue and regulators never build up the investigative capabilities after so many years.
Imagine you are one of those who sold to someone with insider information, you would have lost potential profits.
I am rather fed up. It shows that level.of ethics is low and so is the enforcement of laws....
I see it many times it is highly disappointing.
It's a myth Singapore has good governance. One just needs to look at incidents like these.
This is has happened may times. Leaking sensitive information of listed companies is a serious offense and happened repeatedly....yet nothing is done.
You don't see such blatant breaches on the NYSE. People who use insider information faced decades in jail...last being raj rajaratnam who went to jail.
Yet the slack policing on the Singapore exchabge is allowed to continue and regulators never build up the investigative capabilities after so many years.
Imagine you are one of those who sold to someone with insider information, you would have lost potential profits.
I am rather fed up. It shows that level.of ethics is low and so is the enforcement of laws....
I see it many times it is highly disappointing.
It's a myth Singapore has good governance. One just needs to look at incidents like these.
![[Image: DoDGk3x.jpg]](https://i.imgur.com/DoDGk3x.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.