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TSMP in the news
Stefanie Yuen Thio quoted in Lianhe Zaobao on ESG and its impact on the oil & gas industry
Stefanie was quoted in Lianhe Zaobao by Marcus Han Poh Tin, in his article on suspended oil and gas / marine and offshore counters (p.28).
The article featured Stefanie’s comments noting that uncertainty prevails in the oil and gas industry as ESG concerns have altered the long-term outlook for oil.
Stefanie also highlighted that while SGX has not imposed a mandatory limit on the suspension period, companies need to show a viable rescue plan, which is often through a large capital injection.
She added that ongoing macroeconomic issues and geopolitical tensions are causing investors to be vigilant.
