Dear readers, ever since Mr George Goh Chin Wah has announced his intention to run for the next Singapore Presidential Election, there is much interest in the SGX-listed Ossia International stock. Mr George Goh is the Executive Chairman of Ossia International with a market capitalisation of $45.98M at this time of writing.
Singapore stocks related to Singapore Presidents, Presidential Election candidates or interested parties for the running of Singapore Presidents may be called “Presidential Stocks” by some in the investing fraternity. If so, how many “Presidential Stocks” are there? Let us take a look.
Before former President Tony Tan became President, he was the Chairman of SPH Holdings, a stock listed on SGX. SPH has since become delisted from SGX and SPH Media took over SPH Limited’s entire media-related business.
And then there is Chuan Hup Limited, a company that is still listed on the SGX. As at today, the market capitalisation of Chuan Hup Limited is $170.23M. Dr Tan Cheng Bock, a strong contender in the 2011 Singapore Presidential Election was a non-executive independent Chairman of Chuan Hup Limited.
Then in the 2017 Singapore Presidential Election, Second Chance Properties founder and CEO Mohd Salleh has indicated that he would like to contest for the then Presidential Election. Second Chance still trades on SGX and at this time of writing, the company’s market capitalisation is $204.12M.
There we have, four “Presidential Stocks” for Singapore! Not too sure if I have missed out any. Do look out as there could still be other contenders for Singapore Presidential Election, who may be the top boss of SGX-listed companies.