On March 20, 2019, the Securities and Exchange Board of India (“SEBI”) released a consultation paper (the “Paper”) that discusses the prospect of differential voting rights shares (“DVRs”) being made available to listed issuers in [...]
On August 6, the Monetary Authority of Singapore (“MAS”) announced the adoption of a new Code of Corporate Governance (the “Code”) along with the new Practice Guidance. The new Code comes after MAS conducted a [...]
Recent changes to Indian law have resulted in a decreased number of auditor ratification (and audit fee ratification) proposals being submitted to shareholders during the 2018 proxy season – just as accounting scandals have shareholders [...]
As announced on June 28, 2018, dual-class share structure (“DCS”) are now official permitted on the Singapore Exchange. SGX follows its regional rival, the Hong Kong Exchanges & Clearing Ltd., which launched DCS (or class weighted [...]
As discussed in our prior post, the Monetary Authority of Singapore sought input from stakeholders on possible changes to Singaporean corporate governance, following the release of the Consultation Paper on Recommendations of the Corporate Governance [...]
On January 16, 2018, the Monetary Authority of Singapore (MAS) announced updated governance and listing rules, and invited interested parties to weigh in via a consultation that runs through March 15, 2018. The revised [...]
As discussed in our prior post, the Securities and Exchange Board of India (“SEBI”), has sought input from stakeholders on possible changes to Indian corporate governance, following the release of the report from the Committee [...]
In June 2017, the Securities and Exchange Board of India (“SEBI”) formed the Committee on Corporate Governance (the “Committee”) to examine corporate governance practices in India. Chaired by Uday Kotak, the Committee was also tasked [...]
The prospect of whether companies listed on the Singapore Exchange (“SGX”) might be able to adopt dual or multiple class share structure has been a topic of much consideration. Singapore and most other Asia-Pacific markets [...]
The Tata Group is perhaps the most well-known, respected business conglomerate in India. Yet, to the surprise of many on October 24, 2016, it was announced that Cyrus P. Mistry had been unceremoniously ditched as [...]
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