Regulators allow rights, takeover documents to disseminate electronically till Sept 30
Singapore
THE Monetary Authority of Singapore, the Securities Industry Council and the Singapore Exchange Regulation on Wednesday introduced measures that allow companies to temporarily do away with hardcopy offer documents for rights issues and takeover or merger transactions.
With immediate effect and until Sept 30, listed issuers and parties involved in such deals have the option to disseminate offer documents electronically instead.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
It is time to put idle cash back into the market
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.33%
Gold dips as US dollar edges higher, investors seek more Fed cues
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
A timeline of DBS’ recent banking glitches
Zero-day options boom will only grow even as some investors fear disaster