The Business Times Podcasts S1E20: The compulsory acquisition loophole: BT Mark to Market Ep 20
Synopsis: Listen to Senior Correspondent Ben Paul's analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times.
A well-known loophole that allows major shareholders to take their companies private more easily is back in the spotlight with the current lowball offer for TTJ. Ben Paul explains what investors should do.
Highlights:
01:28 TTJ rockets following offer, but minority investors fume
03:42 How major shareholders have exploited the loophole
06:36 Regulators recognise the problem, but have not acted
08:36 How to deal with lowball offers from major shareholders
10:45 Learning from case studies of IndoAgri and Challenger
13:01 Independent directors have crucial role in these situations
Produced by: Ben Paul (benpaul@sph.com.sg), Howie Lim and Claressa Monteiro
Edited by: Howie Lim
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