SINGAPORE (Dec 31): Strengthened. Horrible. Oppressive.

When asked to describe the state of minority shareholder rights in 2018, market watchers gave mixed reactions. S Suressh, Eversheds Harry Elias partner, says it is stronger, but to corporate governance don Mak Yuen Teen, it is “horrible”. And some retail investors, like Teo Hee Huat, say they feel suffocated by the spate of corporate shenanigans.

But among the various parties The Edge Singapore spoke to, there was a general consensus: In 2018, mom-and-pop investors were more vocal with their grievances than before.

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