
Source of article: Business Times
Writer credits: Jude Chan
In every corporate debacle, there are invariably hard truths to be learnt. Experience is the best teacher. Regulatory enforcement in Singapore is rigorous and relentless. Investors however cannot be dependent on regulatory scrutiny before making investment or securities trading decisions. The caveat emptor principle cannot be over-emphasised in any type of investment transaction. Read all offer documents carefully. While persons who are responsible for tardy, misleading or inaccurate disclosures would be held legally accountable, it is paramount that one should carefully read and fully understand the relevant facts and details concerning any type of public offering before subscribing. One should never buy on hope, hold in greed, and sell in fear. And one should never adopt a herd mentality or be motivated by the FOMO (Fear of Missing Out) syndrome in making hasty investment decisions – such decisions often end in grief.
My original LinkedIn post is here.