A total of 13 companies have been added by Singapore Exchange (SGX) (SGX:S68
) to its Watchlist, which will subject them to greater scrutiny and possible delisting if the companies remain mired in the doldrums with no signs of turning around.
Quoteworthy: "Banks do not actively gather customer deposits just to park them at the central bank as a business strategy" –— Willie Tanoto of Fitch Ratings, commenting on news that DBS had lent $30 billion to MAS as it is “not finding enough opportunities to put the money to work.”
New entrants to SGX watchlist
