SINGAPORE FOOD AGENCY: WHAT IT MEANS FOR SINGAPORE FOOD-RELATED STOCKS?
SINGAPORE FOOD AGENCY is the name of Singapore’s newest Statutory Board under the Ministry of Environment and Water Resources that is announced today. Singapore Food Agency will take over the food-related functions from AVA (thereafter AVA will be disbanded) as well as from other agencies like NEA and HSA. As an investor, the question is, with the formation of SINGAPORE FOOD AGENCY , what does it mean for Singapore stocks, especially those food-related stocks on the Singapore Stocks Markets?