SGX RegCo to relook exit offers, voting requirements for delistings
It is considering if offer prices should be required to be both fair and reasonable in bid to protect minority shareholders
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Angela Tan
Singapore
DELISTING offer prices may have to be both fair and reasonable in future, and the voting requirements tweaked, if proposed changes being considered by the Singapore Exchange Regulation (SGX RegCo) come to pass.
SGX RegCo is planning to put up these proposals for formal public consultation by year end.
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