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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.

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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