Singapore Exchange allows companies to list with dual-class shares
In a bid to attract more listings, Singapore Exchange (SGX) said it will allow companies to list with dual-class shares later this year.
The first listing of a company with a dual-class share structure could come soon after June, SGX Chief Executive Officer Loh Boon Chye said at a results briefing on Friday.
"Some companies might need a capital structure that supports the rapid scaling up of their business. Dual-class shares are one way to do so, but not the only way," he said.……
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