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The Society of Remisiers - Singapore

Name: The Society of Remisiers - Singapore
Address: 271 Bukit Timah Rd #03-04, Balmoral Plaza, Singapore, 259708, SG
Telephone: +6567351772

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The Society of Remisiers - Singapore

The official page for The Society of Remisiers (Singapore). What is 'Remisier'? "Remisier" is a French word meaning 'Intermediate Man'. M. Sassoon.

In the context of the Paris Bourse, a remisier is a half-commission broker. In the present Singapore context, a remisier is a licensed Trading Representative who is attached to a SGX member broking firm and who receives 40% of the commission. Until mid seventies, the commission rate was 50%. The first remisiers

The first remisiers started work after the 2nd World War with early firms such as Fras

er & Co, Lyall & Evatt and J. They dealt mainly in commodity stocks (mainly rubber and tin) which were listed on the London Stock Exchange for investors in Singapore and Malaya. These firms, being majority British-owned, depended heavily on well-connected remisiers to develop the local business. The sole qualification for remisiers then appeared to be connection with the broking firms and some well-heeled English-speaking local clients. The terms of contract between remisiers and their firms were based on 'loose' arrangements which vary not only individually, but also within the same firm, not to mention industry-wide. As the market developed in step with increased industrialisation of Singapore and Malaysia in the early sixties, more shares were offered to the public by established companies such as Esso, Shell, Malayan Tobacco, etc.

20/05/2026

In the markets, we may walk different paths.
But within the Remisier community, we still come together as one.
That was probably one of the biggest feelings many of us brought home after last night’s 𝐑𝐞𝐦𝐢𝐬𝐢𝐞𝐫𝐬 𝐈𝐧-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝟕 session.
It was heartening to see both familiar faces and many new members from the Remisier fraternity coming together again, not just to learn, but to reconnect, share experiences, and strengthen friendships within the profession.
The evening started with opening remarks by SGX Senior Advisor, Andrew Ler, whose thoughtful opening speech and warm moderation continue to inspire many within the community.
We also had the privilege of hearing from Ong Cheong Jin, Director - Capital Market Development and ESGenome at SGX, who shared more about 𝐈𝐧𝐯𝐞𝐬𝐭𝐒𝐆, a growing platform that helps investors and traders better connect, learn, and engage within the Singapore market ecosystem.

What stood out personally was how InvestSG is not simply about information sharing, but about building a more connected investing community. In today’s market environment, where investors are constantly navigating headlines, volatility, and shifting narratives, platforms that encourage learning, engagement, and responsible investing conversations become increasingly meaningful for retail investors.
The panel discussion that followed was equally insightful, with Andrew moderating a candid and relatable conversation featuring fellow Remisiers Johnson Koh from UOBKH, Lek Yew Meng from Lim & Tan, and Marcus Toh from PhillipCapital.
What made the session especially meaningful was the openness in which experiences were shared, from industry observations to personal journeys as ambassadors and practitioners within the financial markets. Beyond the technical side of the profession, the discussion also reminded many of us that this industry is ultimately still a people business, built on trust, relationships, and continuous learning.

And of course, no Remisier gathering truly feels complete without good food and even better conversations.

The post-event mingling felt less like a formal networking session, and more like a family gathering, with old friends catching up, newer members getting to know one another, and everyone sharing stories from both the markets and life itself.
From all of us at The Society of Remisiers (Singapore), a big thank you to SGX Group for organising and SAS for supporting yet another meaningful session for the Remisier community.
In a fast-moving industry where markets constantly evolve, one thing continues to remain special about the remisier profession:
The strong community spirit, where knowledge is shared, friendships are formed, and the “kampung” spirit continues to live on across generations of Remisiers.

05/05/2026

A market is more than numbers on a screen… it is the collective belief of an entire ecosystem.

Today's feature in The Business Times es offers a timely reflection of what many of us within Singapore’s financial community have been witnessing firsthand, a renewed sense of vibrancy and participation in our equities market.

The Society of Remisiers (Singapore) aka SRS would like to extend our appreciation to Ms. Ranamita Chakraborty for a thoughtful and well-observed piece. Her article not only captures the energy on the ground, but also brings together the perspectives of different stakeholders across the ecosystem, highlighting both the progress made and the opportunities ahead. It is through such balanced and insightful reporting that important conversations within the market continue to be shaped.

Across the landscape, there has been a noticeable shift.

Listed companies are engaging more actively with the investment community, going beyond statutory disclosures to foster clearer communication and stronger relationships with shareholders. Investor briefings, corporate access sessions, and educational initiatives have become more frequent and more meaningful, strengthening the bridge between companies and investors.

At the same time, retail participation is growing, not only in scale but in depth. Investors today are more informed, more engaged, and increasingly taking ownership of their financial journeys. This evolution is a positive development for the long-term resilience and dynamism of our market.

As highlighted by SRS President, S Nallakaruppan , sustained efforts to enhance market vibrancy and accessibility remain essential in ensuring that this momentum continues. The collective commitment of all stakeholders plays a crucial role in shaping a more inclusive and robust marketplace.

SRS Executive Committee member, Dan Chang C S , also highlighted the importance of direct engagement between investors and listed companies, noting that face-to-face interactions allow for clearer understanding and more meaningful dialogue.

At The Society of Remisiers (Singapore), we are heartened by these developments.

The progress we are seeing today is not the result of any single effort, but of a shared commitment across the ecosystem, from regulators and listed companies to remisiers, investors, and industry partners. Each plays a role in fostering confidence, facilitating access, and strengthening the integrity of our market.

While market cycles will come and go, what remains important is the foundation we continue to build, one rooted in trust, engagement, and collaboration.

The momentum we see today on SGX Group is encouraging.

More importantly, it reminds us that when an ecosystem comes together with a shared purpose, the market does not just move forward, it grows stronger.

https://www.businesstimes.com.sg/companies-markets/singapore-equities-market-buzzing-market-players-are-hoping-it-can-last

Source: The Business Times

28/04/2026

“What if one evening could change the way you see an entire developer… and the neighbourhoods they shape?”

On Monday evening, some members of The Society of Remisiers (Singapore) gathered for a truly lovely evening of insights, conversations, and a close-up look at one of Singapore’s most talked-about developments today, River Modern, a development by GuocoLand Group.

The guided tour set the tone.
Walking through the show gallery, it was clear why River Modern has been drawing strong interest, not just another project, but one that is thoughtfully designed to blend location, connectivity, and lifestyle. The kind that does not just sit in a neighbourhood, but quietly elevates it.

That theme carried into the presentation that followed.

GuocoLand’s 1H FY2026 results reflected a business steadily building for sustainability.
At the heart of it is their 𝐭𝐰𝐢𝐧-𝐞𝐧𝐠𝐢𝐧𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲, balancing property development with property investment. While development revenue can be lumpy, the investment side provides a stabilising base, and that is starting to show.

A few key takeaways:
💎 Growing recurring income base
Rental income continues to trend upwards, driven by premium assets like Guoco Tower and Guoco Midtown, compounding at ~19% over the years.
💎 Resilient performance despite timing effects
Revenue was lower due to development timing, but profitability held firm, with attributable profit at S$85m and profit after tax up about 13%.
💎 Prudent capital management
Debt-to-assets improved to 0.41x, with lower borrowings and financing costs, reflecting discipline in an uncertain rate environment.

Beyond the numbers, what stood out most is this.
GuocoLand does not just build projects.

They 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐚𝐧𝐝 𝐮𝐩𝐥𝐢𝐟𝐭 𝐧𝐞𝐢𝐠𝐡𝐛𝐨𝐮𝐫𝐡𝐨𝐨𝐝𝐬.

From Guoco Tower to Midtown, and now River Modern, there is a clear approach, identifying high-potential locations and creating spaces where people want to live, work, and spend time. And that is where long-term value is built.

A big thank you to Group CFO Andrew Chew for the insightful sharing. And to Richard Sia, George Goh, and the rest of the GuocoLand team, for the warm hospitality and walkthrough.

Special appreciation to the SEC Newgate Singapore team, Guo Xiaorong, Rachel Lee and Chung Mei Shan, the unsung heroines who made this session possible.

Experiences like these remind us that the real edge is not given, it is experienced.
Because sometimes, the best insights are not on the screen, they are built right in front of you.

26/04/2026

Sometimes, the quietest stories… are the most worth listening to.

Last Friday evening, members of The Society of Remisiers (Singapore) had the privilege of spending time with Elite UK REIT in a warm and insightful Meet & Greet session.

It was a session where you walk in expecting an update… and walk out with a deeper appreciation of the story behind the numbers.

Elite UK REIT is, by design, a “boring” (read, not flashy) REIT.
But as we often say in markets, boring can be beautiful.

Backed by predominantly UK government tenants, the REIT offers stable, visible income. Since 2024, it has been steadily reshaping its portfolio, extending lease visibility, strengthening its structure, and positioning for its next phase of growth.

Even in the latest quarter, this stability came through, with distributable income rising +9.8% YoY, a quiet but meaningful reflection of improving underlying strength.

A few key takeaways from the session:
💠 Long leases with rental typically paid in advance, supporting strong cash flow visibility
💠 More than 90% of interest costs fixed, providing stability in an uncertain rate environment
💠 Natural hedge, with both income and borrowings in GBP
💠 Disciplined capital management, keeping debt in check to support sustainable distributions
💠 Ongoing repositioning efforts, with potential new income streams such as PBSA in the pipeline

It is not a story about rapid growth.
It is a story about building resilience, predictability, and long-term value, one step at a time.

We were also honoured to have our SRS President, Mr. Nallakaruppan, presenting Elite UK REIT’s CEO, Mr. Josh Liaw, with our SRS 40th Anniversary Commemorative Book, a small token marking a meaningful exchange between industry and community.

A special thank you as well to Mr. Johnson Koh for the kind introduction and for helping make this session possible.

A big thank you to Mr. Josh Liaw, Mr. Jonathan Edmunds (CIO), Ms. Pearl Lam (Head of IR), and the team at Elite UK REIT for the warm hospitality and for taking the time to share openly with our members.

Sessions like these matter.

They allow remisiers to go beyond headlines and numbers, to understand the thinking, the strategy, and the people behind the companies we follow. And in turn, we can bring these insights back to the retail investor community, helping investors make more informed, confident decisions.

Because at the end of the day, investing is not just about information.
It is about understanding.

Catch up on Elite UK REIT's 1Q 2026 Business Updates here:
https://links.sgx.com/FileOpen/Elite%20UK%20REIT-1Q%202026%20Business%20Updates-Presentation.ashx?App=Announcement&FileID=885501

09/04/2026

To celebrate 40 years of SRS, we captured our journey, legacy, and stories in two very special ways - the 𝐂𝐨𝐦𝐦𝐞𝐦𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐁𝐨𝐨𝐤 and the 𝐆𝐚𝐥𝐚 𝐃𝐢𝐧𝐧𝐞𝐫 𝐕𝐢𝐝𝐞𝐨.

A heartfelt thank you goes to 𝐒𝐮𝐩𝐞𝐫𝐬𝐤𝐢𝐥𝐥 𝐆𝐫𝐚𝐩𝐡𝐢𝐜𝐬 𝐁𝐨𝐨𝐤 𝐏𝐮𝐛𝐥𝐢𝐬𝐡𝐢𝐧𝐠 𝐏𝐭𝐞 𝐋𝐭𝐝 - 𝐌𝐬 𝐀𝐧𝐠 𝐏𝐨𝐡 𝐓𝐢𝐧, 𝐌𝐬 𝐒𝐡𝐢𝐫𝐥𝐞𝐲 𝐓𝐚𝐧, 𝐌𝐫 𝐄𝐫𝐢𝐜 𝐀𝐧𝐠, 𝐚𝐧𝐝 𝐌𝐫 𝐀𝐫𝐣𝐢𝐞 𝐋𝐮𝐩𝐚𝐜 - for their dedication, creativity, and countless hours in bringing the 40th Anniversary Commemorative Book to life. Your efforts have preserved the history and spirit of the remisier profession beautifully.

We are equally grateful to 𝐌𝐬 𝐊𝐚𝐫𝐞𝐧 𝐓𝐚𝐧 from 𝐊𝐚𝐫𝐞𝐧 & 𝐊𝐚𝐫𝐞𝐧 𝐏𝐭𝐞 𝐋𝐭𝐝, whose expertise behind the camera made our Gala Dinner Video a lasting testament to this milestone. Her professionalism and passion shine through every frame.

We were proud to present 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐞𝐬 𝐨𝐟 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞 and 𝐓𝐨𝐤𝐞𝐧𝐬 𝐨𝐟 𝐀𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐢𝐨𝐧 to the Superskills team, and the 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞 𝐀𝐰𝐚𝐫𝐝 to Ms Karen Tan, recognising their invaluable contributions to making our 40th Anniversary celebrations truly unforgettable.

We are deeply grateful for their partnership. Because of them, the story of SRS and its members is beautifully told and widely shared.

Explore and relive the celebrations:
📖 Digital copy of the book: https://tinyurl.com/SRS40eBook
🎥 Commemorative video: https://tinyurl.com/SRS40video

Thank you once again for helping us honour 40 years of legacy, service, and community. Your work has made it unforgettable.

07/04/2026

Who says finance people are all serious suits and calculators? 😄 At The Society of Remisiers (Singapore) - aka SRS - 40th Anniversary Gala Dinner held on 20 March 2026, we proved that remisiers know how to let their hair down and have fun!

The night was filled with laughter and cheers as MC Jess Chng hosted an exciting Game Show, getting everyone involved and showing off their competitive (and sometimes cheeky!) sides. Then, the floor came alive with the Belly Dance Show, where audience participation brought even more smiles, twirls, and unexpected dance moves.

It was a reminder that behind the professionalism and market charts, we are a community that celebrates, enjoys, and laughs together.

Because at SRS, even numbers have a sense of humour - and sometimes, so do we! 💃🎉

05/04/2026

Some partnerships quietly shape a community. Others leave a mark that lifts an entire profession. For us at The Society of Remisiers (Singapore), SGX Group has been the latter.

As we celebrated our 40th Anniversary, it felt especially meaningful to pause and acknowledge a partner who has stood with the Remisier community in so many ways. Over the past few years, SGX has not only engaged remisiers, it has walked alongside us. From supporting the Remisier Development Programme (RDP) together with Securities Association of Singapore, to championing ambassadorship efforts for SDR, REITs and ETFs, to opening more doors for Remisiers to attend media briefings, site visits and corporate engagements, SGX has consistently invested in our growth.

Behind these initiatives are people who make collaboration genuine and impactful. We are grateful to Mr. Yao Loong Ng, Ms. Serene Cai, Mr. Andrew Ler, Mr. John Lim, Ms. Lynica Foo and the wonderful intermediary team including Ms. Shimona Wong and Ms. Amanda Huang, for being the bridges, the steady partners and the ones who always kept the conversations moving forward.

To the entire SGX team, thank you for believing in the Remisier profession and for supporting our mission to uplift the community.

Here is to building deeper partnerships, expanding possibilities and creating a future where Remisiers continue to grow, lead and shine together.

01/04/2026

Behind every strong community stands a group of individuals who quietly give, support, and uplift others. These are the people who make SRS what it is today.

At the 40th Anniversary Gala Dinner of The Society of Remisiers (Singapore) on the 20 March 2026, we had the privilege of recognising those whose contributions have shaped our journey over the years. Their dedication, service, and commitment have not gone unnoticed, and the evening was a small way of saying thank you.

We were honoured have Mr. Lim Tuang Lee, MAS Assistant Managing Director (Capital Markets) to present the 𝐋𝐢𝐟𝐞𝐭𝐢𝐦𝐞 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭 𝐀𝐰𝐚𝐫𝐝 to P. K. Doshi, who at the remarkable age of 90, stands as a living testament to the legacy, resilience, and longevity of the remisier profession.

We also recognised outstanding contributors to the SRS community:

𝐄𝐱𝐞𝐦𝐩𝐥𝐚𝐫𝐲 𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐀𝐰𝐚𝐫𝐝 - Florence Tan
𝐄𝐱𝐞𝐦𝐩𝐥𝐚𝐫𝐲 𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 𝐀𝐰𝐚𝐫𝐝 - Maxen Management Services (received by Mr. B. T. Sim)
𝐄𝐱𝐞𝐦𝐩𝐥𝐚𝐫𝐲 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 𝐀𝐰𝐚𝐫𝐝 - A.B. Maximus Pte Ltd (received by Mr. Th’ng Beng Hooi)

We also extend our appreciation to our 𝐃𝐚𝐢𝐥𝐲 𝐄𝐦𝐚𝐢𝐥 𝐁𝐫𝐨𝐚𝐝𝐜𝐚𝐬𝐭𝐞𝐫𝐬, whose consistent efforts keep the community informed and connected:
Ivan Gan
Wong Kian Hong
Woon Hee Choy
Fan Jun
Ng Chee Seng
Lee Sock Keow
Law Kok Liang
Raymond Wee Soon Ann

And to the 𝐒𝐑𝐒 𝟒𝟎𝐭𝐡 𝐀𝐧𝐧𝐢𝐯𝐞𝐫𝐬𝐚𝐫𝐲 𝐂𝐨𝐦𝐦𝐞𝐦𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐁𝐨𝐨𝐤 & 𝐕𝐢𝐝𝐞𝐨 𝐄𝐝𝐢𝐭𝐨𝐫𝐢𝐚𝐥 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞, thank you for preserving and telling our story:
Th’ng Beng Hooi (Editorial Committee Chairman)
S Nallakaruppan (SRS President)
Benjamin Sim (Senior Ex-SRS Member)
Ellain Tan (SRS Asst. Honourable Secretary)
Dan Chang (SRS Committee Member)

Each name represents time, effort, and a willingness to contribute beyond self, to build something larger than any individual. 𝐒𝐑𝐒 𝐢𝐬 𝐧𝐨𝐭 𝐛𝐮𝐢𝐥𝐭 𝐨𝐧 𝐭𝐢𝐭𝐥𝐞𝐬 𝐨𝐫 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬 𝐚𝐥𝐨𝐧𝐞. 𝐈𝐭 𝐢𝐬 𝐛𝐮𝐢𝐥𝐭 𝐨𝐧 𝐩𝐞𝐨𝐩𝐥𝐞 𝐰𝐡𝐨 𝐬𝐭𝐞𝐩 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐰𝐡𝐨 𝐠𝐢𝐯𝐞 𝐛𝐚𝐜𝐤, 𝐚𝐧𝐝 𝐰𝐡𝐨 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲.

And as long as we have individuals like these among us, the remisier profession will not just endure, it will continue to grow, inspire, and thrive for generations.

31/03/2026

Behind every seamless event, every joyful moment, and every well-timed toast, there are people working tirelessly - often quietly - to make it all happen. At The Society of Remisiers (Singapore) 40th Anniversary Gala Dinner, it was our Exco members who tried their best to provide the best experience..

From sourcing the perfect venue, curating thoughtful door gifts, planning every agenda item, coordinating logistics, sending invites, to ensuring the food and drinks were just right, we did it all with one goal in mind: to give SRS members an enjoyable and memorable evening.

Bringing you the best we could, from the Exco team:
S Nallakaruppan – President
Jimmy Ho - Vice President
Law Chei Guan - Hon. Secretary
Raphael Ng - Hon. Treasurer
Ellain Tan – Hon. Asst Secretary
Geraldine Liu - Hon. Asst Treasurer
Li Guang Sheng - Committee member
Ivan Gan - Committee member
Dan Chang – Committee member

Seeing the joy, laughter, and camaraderie on the night made every hour of planning worthwhile.

Here’s to creating memories together, and to many more moments we’ll celebrate as a community.

29/03/2026

There are moments in an organisation’s journey that remind us why we exist, and our 40th anniversary was one of them.

Not because of the ceremony or the speeches, but because it brought into focus the people who have carried this profession through every market cycle.

The Gala Dinner celebration on 20 March 2026 was more than a milestone, it was a quiet reflection on how far the Remisier community has come. What began in 1986, born out of crisis and the need for a collective voice, has grown into a resilient network that has stood side by side through exuberant highs, difficult downturns and the constant evolution of Singapore’s market.

We are grateful to The Edge Singapore for covering this chapter of our journey so thoughtfully. The article captured the heart of what the Remisier profession has endured and achieved, and the continued relevance of our role in today’s market ecosystem. In addition, we would also like to thank Mr Chan Chao Peh for attending our Gala Dinner.

From the early days of operating with full autonomy, to fighting for fair standards, to stepping up during times when the market needed stabilising hands, our members have always shown conviction and unity. We advocated for better transfer processes and for more consistent practices, because we believed that fairness and clarity serve the entire market
Today, the landscape continues to shift. New fintech brokers have entered the market, trading patterns have transformed and brokerage rates have fallen substantially. Yet the commitment of our members remains unchanged. As highlighted by our president, Nallakaruppan S, this is the time for SRS to regroup, reskill and rebound.

𝐑𝐞𝐠𝐫𝐨𝐮𝐩, because the industry is diversifying and competition is rising.

𝐑𝐞𝐬𝐤𝐢𝐥𝐥, because a modern Remisier needs sharper knowledge, stronger communication and the ability to guide clients through growing complexity.

𝐑𝐞𝐛𝐨𝐮𝐧𝐝, because with deeper expertise and renewed standards, our profession can rise in reputation, opportunity and value delivered.

Our partners recognise the importance of this transformation. Monetary Authority of Singapore (MAS), SGX Group, and the Securities Association of Singapore (SAS) continue to support our development, with hundreds of Remisiers already trained across securities essentials, regulations and personal branding.

And as The Edge Singapore observed, in a world overwhelmed with information, the real scarcity is clarity. This is where the modern Remisier proves indispensable, helping investors find direction amid noise and navigate with confidence and perspective.

Forty years on, our story is still being written, not in survival mode but in renewal.
As long as we continue to learn, adapt and stand together, the Remisier community will not only stay relevant, it will rise stronger than ever.

Here is to the next chapter, shaped with resilience, purpose and heart.

Address

271 Bukit Timah Rd #03-04, Balmoral Plaza
Singapore
259708

Opening Hours

Monday	09:00 - 17:00
Tuesday	09:00 - 17:00
Wednesday	09:00 - 17:00
Thursday	09:00 - 17:00
Friday	09:00 - 17:00

Telephone

+6567351772

Website

http://www.remisiers.org/

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