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PR Newswire
12-10-2014, 12:12 AM
The Straits Times ( 9 Oct 2014) reported on the passing of The Companies (Amendment) Bill yesterday and removes the one share -one vote restriction on public companies.
Senior Minister of State for Finance Josephine Teo says the Bill will ensure that there are checks and balances. Mrs Teo said the law will still require small companies to keep proper accounts and have measures to prevent abuse by bigger companies.
Does anyone know what she meant by "proper accounts" ??
Personally , I THINK dual-class shares are unfair to small shareholders .
Senior Minister of State for Finance Josephine Teo says the Bill will ensure that there are checks and balances. Mrs Teo said the law will still require small companies to keep proper accounts and have measures to prevent abuse by bigger companies.
Does anyone know what she meant by "proper accounts" ??
Personally , I THINK dual-class shares are unfair to small shareholders .