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Better to tread with care on dual-class shares

SGX has said - rightfully - that it must strike a balance between providing the market with more choices and staying true to its core principles of good governance.


NEARLY two years have passed since the "one share, one vote" restriction in Singapore's Companies Act was removed to pave the way for dual-class shares in Singapore listed companies under certain conditions.

Yet, a dual-class share structure, which gives certain...

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