Shareholders to vote on Great Eastern delisting on Jul 8

Shareholders to vote on Great Eastern delisting on Jul 8

[SINGAPORE] Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will ultimately lead to the insurer’s delisting. This is based on advice from EY, the independent financial adviser (IFA) involved in the deal, GEH said in a circular issued after the market closed on Monday (Jun…

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Doing away with SGX watch list may help the firms focus more on the long term: market watchers

Doing away with SGX watch list may help the firms focus more on the long term: market watchers

[SINGAPORE] The proposed removal of Singapore Exchange’s (SGX) financial watch list could benefit companies by allowing them to focus on business growth without the burden of public stigma. “This shift moves away from ‘name and shame’ and encourages a more constructive environment for corporate recovery and transformation,”  Yap Wee Kee, partner of the capital markets…

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