Magnus Bocker says bye bye!

The SGX Board of Directors wishes to announce that Mr Magnus Bocker, the CEO, has notified that he is not seeking extension of his appointment beyond his current contract, which will be completed on 30 June 2015. He has been the CEO of SGX since 1 December 2009.

He owns 361,932 shares of SGX. Hmmm....that's worth nearly S$3m at current prices.