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Responsibilities of Board and Financial Advisers in Assessing Acquisitions involving Profit Guarante

November 2008 - Tax & Private Client. Legal Developments by Loo & Partners.

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On 24 March 2008, the Singapore Exchange Limited (“SGX”) issued a News Release in the Regulator’s Column (please refer to www.sgx.com for the full details) setting out the responsibilities of boards of directors and their financial advisers in assessing acquisitions involving profit guarantees.

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