Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.
Singapore: Singapore’s move to shift the power on delistings in favour of minority shareholders means bidders will need to pay higher premiums to get deals done.
That’s according to analysts at United First Partners and RHB Securities after the Singapore exchange announced two changes yesterday to the rules on voluntary delistings.
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