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Shareholders should be updated on key milestones in general offer: SGX RegCo

Nisha Ramchandani

Nisha Ramchandani

Published Mon, May 4, 2020 · 09:50 PM

Singapore

IN A general offer, shareholders should be kept updated via SGXNET when the offeror has achieved the 75 per cent acceptance condition, and when the issuer has lost free float, chief executive of the Singapore Exchange Regulation (SGX RegCo) Tan Boon Gin said in his latest regulatory column.

He wrote: "In each case, the announcement shoul…

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