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TSMP in the news
Stefanie Yuen Thio comments in BT: “SGX mulls new rule to protect minority shareholders in delistings”
In the wake of some high profile delistings and minority shareholders’ complaints, the SGX is looking into whether listing rules should be amended to buttress minority rights by restricting controlling shareholders’ rights in a voluntary delisting process. While individual cases may raise specific concerns, too wild a swing in favour of populist rights will result in oppression by the minority. Would SGX become a less attractive venue for companies to list? Stefanie Yuen-Thio’s view in BT here : https://www.businesstimes.com.sg/stocks/sgx-mulls-new-rule-to-protect-minority-shareholders-in-delistings
