{
  "id": 11838178,
  "title": "Not SGX’s fault if stocks have no liquidity, says chairman: Markets this week",
  "url": "https://urgent.news/2026/10/04/not-sgxs-fault-if-stocks-have-no-liquidity-says-chairman-markets-this",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-04T04:00:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/companies-markets/not-sgxs-fault-if-stocks-have-no-liquidity-says-chairman-markets-this-week"
  },
  "original_language": "en",
  "account": "Koh Boon Hwee, Singapore Exchange chairman, stated on Oct 1 that companies should disclose their three to five-year strategies to help investors understand their growth prospects. He emphasized that it is the responsibility of companies and their leaders to communicate effectively with potential buyers and demanders of their stocks. The exchange, he noted, does not create liquidity nor demand and supply. Koh also mentioned that privatisation could be an option for companies experiencing thin trading and low valuations. An example of such a company is City Developments Limited (CDL), whose shares fell by over 14% in a week following the disclosure of a three-year growth plan. CDL plans to sell $6 billion worth of non-core assets, with $5 billion to be used for growth and to be deployed in markets such as China, Japan, and Singapore. The company intends to raise its dividend payout to over 35% annually and increase assets under management to $10 billion.",
  "summary": "From Oct 5, SGX will reduce the standard board lot size from 100 units to 10 units for 11 companies.",
  "key_points": [
    "Koh Boon Hwee, SGX chairman, urges companies to disclose growth strategies",
    "Exchange does not create liquidity or demand, stresses Koh",
    "CDL shares dropped 14% after revealing three-year growth plan"
  ],
  "editors_take": "The Singapore Exchange chairman's comments shift the onus of addressing thin trading and low valuations from the exchange to the listed companies themselves, suggesting a change in how market dynamics are managed.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}