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SMRT privatisation offer fair and reasonable: IFA, IDs

Minority sharesholders urged to vote in support of scheme of arrangement on Sept 29

THE independent directors (IDs) of SMRT Corporation have unanimously recommended that minority shareholders vote in favour of Temasek Holdings' offer to take SMRT Corporation private through a scheme of arrangement.They concur with independent financial adviser (IFA) Rothschild (Singapore)'s