Under the terms of the MOU, SGX RegCo may seek SISV’s advice if and when there are concerns about property valuation reports, or disclosures made by listed companies or listing applicants on valuations.
SINGAPORE (Oct 15): Singapore Exchange Regulation (SGX RegCo) has entered into an MOU with Singapore Institute of Surveyors and Valuers (SISV) to enhance standards of valuations of real estate and land.
This issue of property and business valuation has become pertinent as more listed companies do deals that need to be accorded valuations, which, by its nature, involves certain elements of subjectivity by the valuers engaged.
