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2011-01-27

Say no to SGX taking over ASX

Comments on Maurice Newman “Say yes to Singapore merger or risk irrelevance”, 27/01/2011, http://www.theaustralian.com.au/news/opinion/say-yes-to-singapore-merger-or-risk-irrelevance/story-e6frg6zo-1225995058830

It is rubbish, isn't it?

Come on! It is not a merger, is it?

Some commentator have pointed out that SGX is smaller than ASX and is less efficient that ASX. So why should the ASX be taken over by SGX?

Further, isn't SGX partially owned by the Singapore government? Is it as free as the ASX?

Don't confuse a merger with being taken over!

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