I was asked for my view about the right issue of Sembcorp Marine.
I saw a document from the sole financial adviser, lead manager and underwriter, DBS comprising of 107 pages and 32 pages of appendices, totaling 139 pages.
The investor is required to read the 139 pages, and to consult their adviser, before deciding whether or not to take up the rights issue.
What are the parts played by the Monetary Authority of Singapore (MAS), the Secruities Industry Council and the Singapore Exchange on this matter?
2 comments:
for suggestion and they will hike GST soon
for govt entities, it's better they stay lean and dun wear big hats
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