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ommittee code of practice president s message society news press articles activities event registration past activities our gallery training remisier development programme continuing education programme membership other useful links contact us facebook page home about who we are committee code of practice president s message society news press articles activities event registration past activities our gallery training remisier development programme continuing education programme membership other useful links contact us srs national day dinner four points by sheraton hotel imperial restaurant on 21st august 2026 see all photos srs signature durian trip to malaysia on 21st june 2026 see all photos the society of remisiers singapore 40th anniversary agm cum dinner on 20th march 2026 holiday inn singapore orchard city centre srs 40th anniversary agm cum dinner photos see all photos the society of remisiers singapore 40th anniversary dinner on 20th march 2026 president nalla s speech a very good evening to our distinguished vip guests sponsors members of the media and fellow remisiers a warm welcome to the society of remisiers singapore 40th anniversary dinner first foremost i would like to express my sincere appreciation to the following vvip guests who have kindly accepted our humble invite to attend srs 40th anniversary dinner 1 our distinguished guest of honour mr lim tuang lee assistant managing director of mas for capital markets group 2 mr ng yao loong head of equities of sgx group 3 mr ian chung executive director of mas for markets infrastructures intermediaries department 4 mr gary tan deputy chairman of sas executive director of uob kay hian 5 mr jeffrey goh executive director of phillip securities 6 mr cheng khin tin executive director of lim tan securities 7 mr malcolm koo ceo of cgs international securities singapore 8 mr aditya laroia ceo of maybank securities singapore 9 mr tony lim executive director of ocbc securities 10 mr ian leong ceo of tiger brokers singapore it is indeed my honour and privilege to stand before you as president of the society of remisiers singapore on this remarkable occasion tonight we celebrate not just four decades of an association but 40 years of dedication resilience integrity and the spirit of community that defines our profession forty years ago a small group of remisiers came together with a shared purpose led by our founder president mr lee wee seng to protect the interests of our members to promote professional standards and to foster solidarity in an industry that is fast moving and competitive they built stone by stone a foundation that allowed individual remisiers to operate with greater confidence to access resources and education and to be represented when decisions affecting our profession were made tonight we mark this milestone under a focused action oriented 40th anniversary theme regroup reskill rebound incidentally each word is made up of 7 letters making 777 which is often called the angel number it signifies divine guidance inner wisdom personal growth markets are all about numbers psychology probabilities this theme of regroup reskill rebound is most apt for our 40th anniversary celebrations regroup with the onslaught of fintech brokerages brokerage rates have been reduced substantially the way forward for remisiers to survive and thrive in this highly competitive environment is to move up the value chain and evolve from a purely transaction based model to a value added fee based model providing discretionary portfolio managed services to clients on this important trajectory i m glad to say that we re having constructive discussions with mas sas sgx and i m hopeful that one day this would become a reality and remisiers could be great trusted financial confidants to our clients reskill we had launched the remisier development programme on 30th september 2024 together with sas and with strong support by mas ibf sgx there were more than 500 remisier participants for the three courses that were organised i e the ai advantage essentials of securities trading personal branding for remisiers we ll continue to organise suitable programmes for remisiers that are relevant to the market needs rebound together with stronger networks and sharper skills we will rebound in reputation in opportunity and in value added services delivered to clients rebound is not simply recovery it is improvement we will help members adapt business models embrace responsible innovation and seize new markets so remisiers emerge more competitive and more trusted than before if one looks at the current turbulent times we re currently facing remisiers with their wealth of experience can be a reliable guiding hand and a reassuring voice to our valued clients in conjunction with our 40 th anniversary our guest of honour will be launching srs 40 th anniversary commemorative book shortly the editorial committee together with our book publisher superskill graphics pte ltd have taken great efforts to produce this book it is a 128 page hardcover ebook which is an auspicious number in chinese yi er ba which means smooth journey to prosperity the singapore stock market has been breaking record highs in 2026 and we re optimistic that it will continue to generate long term wealth for investors as long as one stays invested there were two primary objectives for this book firstly to raise the profile of the remisier profession who have been the backbone of the stockbroking industry all these years secondly to highlight the key milestones of the singapore stockbroking industry which has a rich history of more than 60 years it is heartening to note that almost all the broking houses with remisiers have rallied behind this meaningful initiative be it in terms of generous sponsorship or content we hope all of you will enjoy this book as much as the editorial committee did i would like to express my sincere appreciation to our generous sponsors as follows the singapore exchange phillip capital lim tan securities uob kay hian cgs international securities singapore maybank securities singapore ocbc securities tiger brokers singapore societe generale macquarie capital also our book publisher superskill graphics pte ltd and videographer karen karen pte ltd who have done a remarkable job our editorial committee who have put in great time effort and initiative to make this a memorable book our past presidents executive committees and steadfast members who have stayed loyal to the society all these years and all those who have made srs 40th anniversary a memorable and meaningful event to the next 40 years may the society of remisiers singapore continue to be a beacon of professionalism a platform for growth and a community that looks after its own and their client interests may we honour our founders by carrying forward their values and may we innovate boldly so that future generations will inherit an even stronger institution on this energised node in our own unique singaporean way shall we all say in unison huat ah to usher in continued prosperity to the stockbroking community and the singapore stock market in the year of the vibrantly galloping horse when i say heng ong you all will say huat ah and we ll do it three times can we do that thank you very much and do enjoy the rest of the evening see more presentation of lifetime achievement award srs 40th anniversary commemorative book launch srs 40th anniversary commemorative 128 page ebook read pdf download pdf presentation of awards srs 40th anniversary cake cutting ceremony srs 40th anniversary toasting sgx group celebrates 25th anniversary on 2nd january 2025 our president nalla attended sgx group s silver jubilee celeberation at sgx centre to much fanfare on 2nd jan 2025 sgx group was established on 1st dec 1999 through the merger of the stock exchange of singapore singapore international monetary exchange the securities clearing and computer services the guest of honour was mr gan kim yong deputy prime minister for trade and industry chairman of the monetary authority of singapore mas in his keynote speech he highlighted that asia is in a bright read more the society of remisiers singapore 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 the mid seventies the commission rate was 50 the first remisiers started work after the second 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 learn more events in 2025 podcast on the potential transformation of the rem see more srs christmas dinner penang place restaurant on see more srs egm cum sg60 national day dinner on 22nd aug 2 see more remisier development programme graduation ceremony see more srs signature durian trip to malaysia on 13th july see more srs 39th anniversary cum dinner on 21st march 2025 see more remisier development programme graduation ceremony see more sgx group celebrates 25th anniversary on 2nd janua see more see all events about our logo the green colour and the expression singapore remisiers signify the evergreen role that emphasises the indispensable feature of this distinctive group of securities brokers in singapore the darkened shade of the three alphabets in the logo brings forth the abbreviation srs that epitomises a superlative gathering of professionals the three tiny squares at bottom left hand corner denote the cornerstone characteristics of the society that are stability resilience and integrity and the elongated rectangle on the bottom right indicates the society s perpetual strive for excellence since 1986 srs 38 th anniversary agm cum dinner on 22 nd march 2024 srs president s nallakaruppan speech a very good evening to our vip guests members friends a warm welcome to the society of remisier singapore 38 th anniversary dinner it s give me great pleasure to express my sincere appreciation to the following vip guests who have kindly accepted our invite 1 mr ian chung executive director of the monetary authority of singapore 2 mr luke lim securities association of singapore chairman managing director of phillip securities 3 mr lester ngoh senior vice president of the singapore exchange 4 mr andrew ler senior advisor of the singapore exchange 5 mr cheng khin tin executive director of lim tan securities 6 mr jarod ong executive director of uob kay hian 7 mr teo chai sio deputy ceo of cgs international 8 mr tony lim executive director of ocbc securities 9 mr james wang director of kgi securities 10 ms melinda sam ceo of the the securities association of singapore 11 mr th ng beng director of ab maximus our training partner 12 mr franky yap director of alumagubi our it partner 13 ms felicia tan associate editor of the edge i would like to highlight two critical areas in my speech firstly to evolve the broking industry the remisier profession from a transaction based model to a fee based model this is also the theme for tonight s dinner remisier rejuvenate secondly the urgent need for government policies to give fresh impetus to make our stock market much more vibrant just like it s once glory days in the 1990s the landscape of the broking industry has transformed quite a bit due to digitalization the transaction based model is steadily losing it s shine as brokerage rates has been going lower lower just like the limbo rock game that has been highly commoditised the joke going around in the industry is that the traditional brokers are already eating grass and the online brokers want to eat that grass even the traditional brokers together with their remisier besides having the existing transaction based model will need to move up the value chain to survive and thrive in this fast changing competitive environment for this to happen we ll need mas help to transform the remisier profession with fully funded training programmes to be trusted financial adivisors investment managers also the trading representative licensing requirements will need to be updated to allow this to happen remisier have accumulated a wealth of experience over many years if not decades we have gone through many major market cycles and are still around we can play a critical role as trusted financial advisors and investment managers to our clients if the necessary upskilling opportunities are provided the government s skillsfuture transition programme for mid career professionals is a great step in the right direction perhaps mas together with ibf and the wealth management institute could help curate specially tailored training programmes for remisier dealers so that they could add good value to the financial industry there are more than 2 000 trading representatives in the broking industry who are looking up to the government to transform this industry which is a critical component of our economy the second part of my speech is about the rebuilding of the vibrancy of the singapore stock market i left my accountancy profession in the 1990s to join the stockbroking industry as the markets were so vibrant and dynamic every couple of weeks we had initial public offerings and the oversubscription rates were just phenomenal the market vibrancy was simply spectacular and we sincerely hope it can happen again when we have the right policies in place i wrote an article about my 30 year experience in the industry that was kindly published by the edge last month the crux of my article is that we ll need impactful government policies to give fresh impetus to make our singapore stock market much more vibrant the stock market is a critical component of our economy and a great catalyst for our small and medium enterprises as well i m confident that if the finance ministry monetary authority of singapore the singapore exchange securities association of singapore the society of remisier singapore and the securities investors association singapore can put their heads and hearts together to chart a mid to long term plan for our markets we can have a vibrant stock market again just like it s one glory days in the 1990s singapore as a nation has survived and thrived against all odds and our dear stock market should be no different i would like to sincerely thank vice president jimmy ho his team our secretariat esther florence for putting up an enjoyable evening we ll be giving our lifetime achievement award shortly to our member ms rita chew who is still working assiduously as a remisier at a remarkable age of 90 years it shows clearly that the remisier profession is one such unique profession that has no retirement age as long as one is capable and willing to do so i would also l...