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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Management/Administration

SMRT shareholders to vote on Temasek offer on Sept 29

Posted on 06 September 2016

The move to take listed SMRT private will face a public test at the end of the month, when minority shareholders vote on whether to approve the acquisition by Temasek Holdings, the Republic’s investment firm.
In a notice posted on SGX’s website, the transport operator said the vote would be held on Sept 29, following an extraordinary general meeting on the proposed sale of its operating assets to the Land Transport Authority (LTA) as part of the transition to a new rail financing framework………………………………………..Full Article: Source


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