Revision to the Singapore Take-Over Code

12 Mar 2019

This update discusses the recent amendments to the Singapore Code on Take-overs and Mergers (“Code”), which are intended to provide greater clarity regarding the application of the Code to companies listed on the SGX-ST which adopt a dual class share (“DCS”) structure.

These amendments are of particular relevance to founders and controlling shareholders of prospective issuers who intend to list on the SGX-ST with a DCS structure.
 
Please click here to read the update.