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Dual-class shares: issue now is striking the right balance

Friday, February 17, 2017 - 05:50

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The Singapore Exchange (SGX) is now seeking public feedback on two fronts - first, whether it should amend its listing manual to allow for dual-class shares (DCS) which is an arrangement that gives certain privileged shareholders, usually founders, disproportionately more voting rights relative to their shareholdings and second, what safeguards are required if this class of shares is deemed appropriate for the local market.

THE Singapore Exchange (SGX) is now seeking public feedback on two fronts - first, whether it should amend its listing manual to allow for dual-class shares (DCS) which is an arrangement that gives certain privileged shareholders, usually founders, disproportionately more voting rights relative

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