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HOCK LOCK SIEW

Rare victory for minority shareholders at Vard

SGX's decision has effectively put power back in the hands of the minority shareholders

THE decision by the Singapore Exchange Regulation (SGX RegCo) was a rare and astonishing victory for minority shareholders of Vard Holdings - the target of Italy's Fincantieri Oil & Gas.

By ordering Vard to hold a new extraordinary general meeting (EGM) to seek approval for its...

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