Poll shows mixed support for dual-class shareholding structures

Singapore

SINGAPORE and Hong Kong both revamped their listing rules to allow the use of dual-class shareholdings (DCS) in initial public offerings this year, citing support from a "majority" of stakeholders in their latest round of consultation.

But a new poll of 454 investment professionals in the Asia-Pacific region suggests that DCS remains an emotive debate, with support for and opposition to DCS pretty much split down the middle.