First published in The Business Times on 8 June 2023 By Mak Yuen Teen and Tan Yi Jie In 2022, companies listed on the Singapore Exchange (SGX) spent a three-year high of about S$1.7 billion on share buybacks. Those listed on the...
Read MoreBy Mak Yuen Teen The current board of directors continues to try to convince shareholders (and possibly regulators) why keeping them on the board makes sense – with the carrot of a possible exit offer being dangled. If...
Read MoreBy Mak Yuen Teen This morning, ASTI Holdings issued a “Further Information Announcement” and a press release relating to the attempt by four shareholders of the company to call a meeting under section 177 of the...
Read MoreBy Mak Yuen Teen On 5 April 2023, I posted an article titled “EGM for ASTI Holdings: An Opportunity Not to Be Missed”. This followed ASTI’s announcement that it had received a letter from four requisitioning shareholders giving...
Read MoreOn 19 April 2023, SGX Regco issued a notice of compliance to Shanghai Turbo requiring it to appoint an independent reviewer to look into the appointment of Mr Liu Ming to the board on 3 March 2023. I thought readers may find...
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