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Poll shows mixed support for dual-class shareholding structures

Pollster CFA Institute says mandated time-based sunset clauses on DCS structures can protect minorities' interest

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The Singapore Exchange (SGX) has not introduced a mandatory time-based sunset provision, said Michael Tang, head of listing policy and product admission at the SGX's regulatory unit.

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...

sentifi.com

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