General Announcement::News Release: SGX RegCo statement on joint announcement from Mano Sabnani and Stamford Land

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Oct-2018 23:05:11
Status
New
Announcement Sub Title
News Release: SGX RegCo statement on joint announcement from Mano Sabnani and Stamford Land
Announcement Reference
SG181006OTHRU6EZ
Submitted By (Co./ Ind. Name)
Chin May Nah
Designation
Head of Media Communications
Description (Please provide a detailed description of the event in the box below)
The amicable agreement between Mr Mano Sabnani and Stamford Land Corporation Ltd and its Board of Directors to settle their differences is a positive outcome.

Singapore Exchange Regulation (SGX RegCo) firmly believes in and encourages constructive and robust discussions between shareholders and directors during annual general meetings (AGMs) and other shareholder meetings.

While these meetings are subject to qualified privilege, it is important for all parties concerned to note that qualified privilege may not extend to comments that are published or quoted on social or mainstream media.

This and other issues to do with conduct at AGMs will be covered in the best practices guide that SGX RegCo, Securities Investors Association (Singapore) and Singapore Institute of Directors are jointly developing.

Attachments

20181006_SGX_RegCo_statement_on_joint_statement_from_Mano_Sabnani_and_Stamford_Land.pdf
Total size =273K