Straits Times Index stocks

LOST MONIES IN SINGAPORE STOCKS? TIME TO SET UP A OMBUDSMAN OFFICE FOR AGGRIEVED INVESTORS?

Dear readers, love it or hate it, the Singapore stock markets are still the home market for Singapore investors.

I know a number of investors may not like or even hate the Singapore stock markets as it is not as supposedly vibrant as the other overseas stock markets and worse, many have lost monies trading and investing in certain counters on the Singapore stocks markets, which became delisted over time.

I am no exception. As a novice investor, I made a number of investing mistakes which involves investing my hard-earned monies in some counters (a number of which supposedly are reputable, the most popular ones including Noble Group) on the SGX. But gradually, many of these stocks became laggards over time and were suspended or delisted.

To add injury to the insult, some of those delisted companies did not even provide a delisting certificate to the investors after the investors were already left speechless after losing their monies in these counters.

Hence,  a Ombudsman office as suggested by the President for the Society of Remisiers may be good for aggrieved Singapore investors here. You can read the aforementioned suggestion here.

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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