As listed companies rolled out business updates and results over the past few weeks, two firms — one newly listed, the other a long-established name — disclosed something else: finance-related incidents ranging from misappropriation of funds to irregular transactions.
The local market has seen a sharp pick-up in activity. Straits Times Index component stocks led the rally, and smaller caps are now having their moment in the sun.
Investors enjoy the thrill of discovering “hidden” gems and riding the wave as others pile in before interest shifts elsewhere. However, not every stock is wheat, and investors still need to separate the chaff.
