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Why minority shareholders don't stand a chance

The Datapulse Technology case shows the inadequacies of Singapore's listing rules to protect minority investors, and companies are breaking these rules with impunity, for example by withholding material information.

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Brokers Desk said seven shareholders sold their shares through married trades to Ms Ng (above), DT's new majority owner with a 29 per cent stake.

IN recent years, the lack of effective investor protection in our market has become rather evident. For S-chips and other foreign listings, regulatory enforcement has often been hampered by the inapplicability of laws, cross-border enforcement barriers or runaway miscreants.

However, the...

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