Greetings, members and friends.
As we approach the Q2 reporting season, I am pleased to present you our second newsletter for 2015 to keep you up-to-date on recent news and happenings within the Association and the IR industry.
Review of Q1 2015
For Q1 2015, we have been busy laying the groundworks for the year ahead for our members. Highlights for this quarter include:
- Talking to industry partners on possible collaborations
- Engaging fellow IROs
- Learning from the IRS in the UK
- Kicking off the ICIR programme for 2015
IRPAS IRO Knowledge Sharing Session
On 19 March, IRPAS held its first event of 2015, the Knowledge Sharing Session at the SGX, where IRPAS Directors met with IROs to discuss the latest trends and issues impacting Singaporeís IR industry as well as the concerns that are closest to the hearts of IRO. The lively session generated a number of interesting insights on the local IR industry, and some of them are shared below.
- The IR industry in Singapore has grown significantly throughout the years and IR is an increasingly strategic function for organisations
- There is a need for greater recognition of the IR role among C-Suite executives
- A stronger and unified strapline which better explains the IR function, with an added emphasis on compliance, will help to elevate understanding and the significance of the profession
We would like to thank all the IROs who attended for sharing your thoughts with us. Going forward, IRPAS will be working with the regulators and industry with the aim to address the issues that were raised as part of our role to represent the views of IROs to the wider community.
We hope that other members would join in the ongoing discussion by sending in any thoughts on how IRPAS can improve its offerings and engagement, and how you may wish to contribute by playing a part in elevating the standing of the IR profession in Singapore.
International Certificate in Investor Relations (ICIR) 2015
We are delighted by the strong interest in the ICIR among the IR community since registration was opened last month. On 11 April, the ICIR 2015 revision course was held at the SGX and we would like to thank Kevin Gin, an experienced trainer and lecturer in finance related programmes, for delivering an engaging revision course.
Just a gentle reminder to candidates that the examination will be held on Saturday, 16 May 2015 at SGX Training Room 2 (2 Shenton Way, #02-02 SGX Centre 1, Singapore 068807) from 09:00am to 10:00am. IRPAS wishes all candidates taking the examination all the best!
Launch of SGX IRFacts Ė IRPAS Members Event
In May 2015, SGX will be launching IRFacts, a single source platform that is purpose built for SGX listed companies, to drive corporate and IR strategies. Leveraging IRFacts, companies will be able to perform peer analysis, stay ahead of key market news and developments, undertake investor targeting and monitor analyst sentiment. A session for IROs of listed companies will be hosted jointly by IRPAS and SGX in late May 2015. More details will be coming your way soon.
Buy-side sharing session
We are also currently working on another event for our members at the end of May, which will look at engaging with the buy-side. Do keep a lookout on our website for updates.
Featured IR Articles from Partners
We are pleased to bring to you each month four specially curated articles kindly sponsored by IR Magazine (www.irmagazine.com), the leading publication for IR professionals covering all areas of investor relations from a global perspective. The articles are attached for your reading pleasure.
- Japanís IR Industry set for growth – IR Magazine
Industrial robots manufacturer, FANUC, one of Japanís most secretive company, †sets up IR department in response to new corporate governance code
- Trading technology and the threat to IR – IR Magazine
Quantum quarterlies and improving technology could render an entire profession obsolete
- New battlegrounds: a global activism update – IR Magazine
Investigating how shareholder activism will affect different regions in 2015
- Sustainable investments mostly match or beat traditional investments – IR Magazine
Morgan Stanley highlights improved operating performance and positive impact on stock price of sustainable policies
Last but not least, I would like to extend my warmest welcome to our new members who have joined the IRPAS family since 2015:
Supporting and Individual Members:
- Gary Goh
- Emily Phoon, Nanyang Polytechnic
- Wayne Koo, Waterbrooks Consultants
- Stratagem Consultants
- Watatawa Consulting
As we move into Q2 2015, we look forward to your continued active participation in IRPAS activities. †If you or anyone you know is keen to share experiences and insights with fellow IROs, please do not hesitate to contact us at firstname.lastname@example.org. Also, do visit our website www.irpas.com regularly for more updates and information. Till next time and I look forward to seeing you soon.
30 April 2015