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Only small number of dual-class listings expected

SGX listings advisory panel says "default position" is to list one-share, one-vote firms
Thursday, September 22, 2016 - 05:50
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Mr Banerjee says one needs "more than voting power to ensure good governance. Singapore has good security laws, shareholder activists, regulators, academics and media who can sound the alarm on such issues. There are good checks and balances - independent directors, for example, take their duties very seriously".

Singapore

THOSE concerned that the Singapore Exchange (SGX) will experience a flurry of dual-class (DC) listings need not worry as the number is expected to be very small, while the overwhelming number of new listings is expected to be of the normal one-share, one-vote variety.

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