SRS EGM cum National Day Dinner on 25th Aug 2023

We had our Extraordinary General Meeting cum National Day Dinner on 25th August 2023 at Fourpoints by Sheraton Hotel Imperial Restaurant. 184 members gathered for a great bonding event to celebrate our Beloved Nation's 58th Birthday.

President Nalla emphasized that the primary purpose of this Extraordinary General Meeting was to update The Society of Remisiers (Singapore) Constitution so that the Allowable Expenditure for Members' Activities be doubled to facilitate greater camaraderie & bonding amongst members in this very tough market environment that many Remisiers are currently facing. Member ...
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SRS Signature Durian Trip on 24th June 2023

The SRS Signature Durian Trip was finally a reality on 24th June 2023 after two months of planning & execution.

Two full coach loads of 88 members & friends who registered for this event had gathered at UOB Kay Hian premises. The participants were punctual & we left for Singapore Immigration promptly at 7.30 am.

We planned this event on a Saturday so as to avoid the traffic jam at the causeway as the following day Sunday would be the end of the half-year Singapore School Holidays. It went well as planned as there was no jam at all for Coaches at both the Singapore & Johor Immig ...
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SRS congratulates SGX on the successful launch of Thai SDR on 30th May 2023

SRS Executive Committee was at the SGX Centre for the launch of Singapore Depository Receipts (SDR) under the Thailand-Singapore Dr Linkage programme today, 30th May 2023.

SRS congratulates SGX on this successful launch which would provide interesting investment opportunities for our clients to expand investment horizons in overseas listed companies in a simple and cost-efficient manner.

We sincerely hope that this SDR programme successfully takes-off and over time this could be replicated to other ASEAN markets and SGX could be a true Asian Gateway to the vast investment opportunities available in ASEAN.

SAS & SRS Bowling and Darts Tournament at K Bowling Club on 5th May 2023

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SRS 37th Anniversary Dinner President S Nallakaruppan Speech
A very good evening to our VIP Guests, Members & Friends. Welcome to The Society of Remisiers (Singapore) 37th Anniversary Dinner.
First & foremost, I would like to express my sincere appreciation to the our VIP Guests who have kindly accepted our invites as follows :
1.  Mr Luke Lim – SAS Chairman & Executive Director of Phillip Securties
2. Mr Lester Ngoh – Vice President of Singapore Exchange
3. Mr Andrew Ler – Senior Advisor of Singapore Exchange
4. Mr Edmund Lee – Asia Pacific Vice Chair of J.P.Morgan
5. Mr Cheng Khin Tin – Executive Director of Lim & Tan Securities
6. Mr Malcolm Koo – CEO of CGS-CIMB Securities
7. Mr Jarod Ong – Executive Director of UOB Kay Hian
8. Mr Tony Lim – Head of Equities & Agency Business of OCBC Securities
9. Mr James Wong – Director of KGI Securities
10. Ms Melinda Sam – CEO of SAS

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SRS 37th Anniversary AGM & Dinner

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The Society of Remisiers (Singapore) had a memorable 37th Anniversary AGM & Dinner on 24th March 2023 at Yan Palace Restaurant. About 240 members & guests attended this event and it was a great time to catch up with good friends.
The Elected Office Bearers for the 2023-2025 Executive Committee as follows :

1. President : S Nallakaruppan
2. Vice President : Jimmy Ho
3. Secretary : Soh Wee Boon
4. Treasurer : Li Guang Sheng
5. Asst Secretary : Law Chei Guan
6. Asst Treasurer : Loo Chee Meng
7. Committee Member : Albert Fong
8. Committee Member : Teo Beng Huat
9. Committee Member : Peter Chan

Honorary Auditors : Wong Kian Hong & Sem Lee
The newly elected Executive Committee will be focusing on three key areas :
1. To work with the Authorities to provide relevant upskilling programmes for our members.
2. To create a much more vibrant Singapore Capital Market in collaboration with MAS, SGX, SAS & SRS.
3. To organise fellowship activities for members so as to enhance greater bonding.
Wishing all our members & friends a Very Happy & Prosperous Year of the Water Rabbit.
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The Remisiers and Our Society

The word ‘Remisier’ is not found in any English dictionary. It is a French word meaning ‘intermediate man’. 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 started work after the 2nd World War with early firms such as Fraser & Co, Lyall & Evatt and J. M. Sassoon.

They dealt mainly in commodity stocks (mainly rubber and tin) which were listed on the London Stock Exchange for investors in Singapore and Malaya.

The Professional Remisier

- A Misunderstood Profession

The Business Times 28 February 2019
Letter to The Editor : Remisiers have multiple value-added roles before, after share transactions.