Cash is king. Or is it?

SINGAPORE (March 17): Out of the 754 listings on the Singapore Exchange, 323 companies are in a net cash position, according to Bloomberg data. Of these, 100 have net cash comprising more than half their market capitalisations.

Some of them are in this position because of overly conservative management. Others may just be underappreciated. Whatever the case, industry watchers say shareholders of these counters should be agitating for management and board action.

Ultimately, companies have to strike a balance between holding too much or too little cash.

---

Related Stories

• DFI Retail Group: Pan-Asian retailer ready to capture revenge shopping
• Designing memories with Blink Design Group's founder and creative partner Clint Nagata
• Countdown to IPO

---