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@koolgal：$SINGAPORE EXCHANGE LIMITED(S68.SI)$ share price has been on a downward trend recently and investors must be wondering what happened. The good news is that SGX reported FY2021 a net profit of SGD447 million. Revenues of SGD1, 056 million were comparable to record revenues set in FY2020 with underlying business revenue up 7% excluding the decline in treasury income, amidst a low interest rate environment. SGX holds the exclusive licence to operate a stock exchange in Singapore. In September 2021, the CEO of SGX announced that SGX will allow SPAC listings, the first in Asia to do so. SGX has also been paying steady increasing dividends over the years. Best of all it pays it quarterly! With Singapore as a AAA rated financial centre in Asia, SGX has a wide moat and long runway. I am proud to hold SGX as part of my portfolio long term. @Tiger Stars

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