On August 6, the Monetary Authority of Singapore (“MAS”) announced the adoption of a new Code of Corporate Governance (the “Code”) along with the new Practice Guidance. The new Code comes after MAS conducted a [...]
As announced on June 28, 2018, dual-class share structure (“DCS”) are now official permitted on the Singapore Exchange. SGX follows its regional rival, the Hong Kong Exchanges & Clearing Ltd., which launched DCS (or class weighted [...]
Looking to attract the attention of tech titans dripping in potential profit, at the end of April HKEX made the decision to allow companies with dual class share structures to go public in Hong Kong. [...]
On January 16, 2018, the Monetary Authority of Singapore (MAS) announced updated governance and listing rules, and invited interested parties to weigh in via a consultation that runs through March 15, 2018. The revised [...]
As discussed in our prior post, SGX has sought input from stakeholders on possibly allowing issuers to adopt dual class share (“DCS”) structures for newly listed issuers. SGX set out a “straw man” proposal on [...]
Glass Lewis has started to release updated policy guidelines for the 2017 proxy season. The following markets are now available: United States Canada Korea Singapore Indonesia Thailand Philippines Malaysia Shareholder Initiatives Guidelines for additional markets will [...]
Glass, Lewis & Co. ("Glass Lewis") appreciates the opportunity to comment on the Consultation Paper for Listing Rules Amendments (the “Listing Rules”) to Align with Changes to the Companies Act (the "Act") issued by the [...]