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SGX: A captivating or just a captive market?

To recap, under the new regime ("New Rules"), exit offers have to be both "fair" and "reasonable", and neither the offeror nor its concert parties may vote on the delisting resolution.


WE all knew it was coming.

In a world where the call for minority shareholder protection is the corporate equivalent of the #MeToo movement, was it any surprise that the Singapore Exchange (SGX) would ring-fence minorities' risks by changing its rules relating to...