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Updated by Robson lee on Dec 21, 2023
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SGX RegCo released guidelines on the appointment of Independent Financial Advisers (IFAs) in their reports. The IFA's opinion should be objective, supported by detailed analysis, and must not be influenced by any party. The guidelines aim to protect minority shareholders and retail investors.

Industry lauds new IFA guidelines, but says more must be done to address issue of independence - Robson Lee

Writer Kang Wan Chern discussed the significance of the new guidelines published by SGX RegCo regarding the appointment of Independent Financial Advisers (IFAs). The guidelines emphasize the importance of objective opinions, detailed analysis, and disclosure in IFA reports. The guidelines aim to protect minority shareholders and retail investors from unfair practices in takeover or exit offers.

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Robson Lee provides professional legal advice as a corporate finance lawyer. He serves MNCs and fast-scaling companies. Robson Lee has extensive knowledge in diverse aspects of corporate finance, including mergers and acquisitions, fundraising, and international and local transactions, including those involving the acquisition and divestiture of business assets.

  • Robson Lee is a reputed corporate finance lawyer. He is an Advocate & Solicitor in the Supreme Court of Singapore and a Solicitor of England & Wales, with almost 30 years of legal practice.

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