amendment

SGX RegCo proposes new delisting rules to protect minority interests

SINGAPORE (Nov 9): The Singapore Exchange Regulation (SGX RegCo) is proposing several changes to its delisting rules for Singapore companies, and expects to implement the new delisting rules next year.

A public consultation is now open to market feedback, and will close on Dec 7.

SGX RegCo’s move comes in the wake of many upset minority shareholders who had felt oppressed by the controversial delisting of several locally-listed companies so far this year.

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