According to CNBC, shares of Singapore-listed agricultural companies fell Tuesday after Senior Minister K Shanmugam warned firms they would be held responsible for any role in the haze affecting the city-state. Bumitama Agri fell as much as 6.5%, First Resources dropped to a low of 4.83%, and Golden Agri Resources and Wilmar International slipped almost 2%. Shanmugam said seven companies had been questioned by the Singapore Exchange and warned that firms could not avoid responsibility through different corporate structures. He said Singapore could use legal and regulatory measures to pressure companies, including affecting their access to financing and standing with investors.
