Only small number of dual-class listings expected
SGX listings advisory panel says "default position" is to list one-share, one-vote firms
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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.
"Reading all the news reports and comments in the media, you get the impression that there is a flood of DC companies waiting in the wings to list on SGX," said the chairman of SGX's Listings Advisory Committee (LAC), Gautam Banerjee, in a Tuesday press interview.
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