More companies should formalise their dividend and investor relations policies, to improve valuations
Add BT as a preferred source
Raphael Lim
LOW liquidity and weak valuations are often cited as reasons why companies delist from the Singapore Exchange (SGX).
Offerors will highlight the thin trading in a company’s shares, and say they are giving shareholders an opportunity to exit at a premium over historical prices when making their privatisation bids.
Shareholders would face the choice of accepting the offer, which might be priced below what they had hoped for, or risk being left holding on to a counter that doesn’t go anywhere.
TRENDING NOW
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba
