Taking listed firms private has been a key theme in Singapore's stock market over the past few years as persistent low valuations in the city state have prodded major shareholders to consider buying the rest of the company.
SINGAPORE (July 11): 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 on Thursday to the rules on voluntary delistings. Analysts at both firms said the new guidelines will now make the delisting process more onerous and therefore lead to higher offer prices in comparison to the past.
