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If Singapore insists on keeping dual-class share regime, let's have more stringent regulations
Published Tue, Jun 8, 2021 · 05:50 AM
"RENOUNCE dual-class shares? Singapore has arguably lost the big battle with Hong Kong for tech listings from China. It might be time to accept this reality and regain the moral high ground."
It was an arch comment, made by the Asian Corporate Governance Association (ACGA) recently in CG Watch 2020, its review of the region's corporate governance standings.
It's not unjustified and food for thought.
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