Dare to Challenge!: The SIAS Story
Leong Chan Teik
Singapore: Straits Times Press, 2009
ISBN: 9789814266437
In 1999, the sudden emergence of the Securities Investors Association (Singapore) made all the difference to thousands of shareholders owning billions of dollars in CLOB shares. It was a milestone in shareholder activism. A group of public-spirited individuals had banded together, challenged a foreign government, and won.
Dare to Challenge! looks not only at the challenges SIAS had to overcome 10 years ago, but also the challenges it has faced since. It covers landmark cases in crisis management and how SIAS found a unique approach to shareholder activism that has successfully brought win-win resolutions for both companies and investors.
SIAS has improved investment odds for retail investors in Singapore through its extensive investor education programmes and its push for better corporate governance. This book is not only about SIAS' groundbreaking efforts but also the exceptional people behind it and its unique contribution to the Singapore community.
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