SGX rejects Nutryfarm's proposed 45% acquisition of First Linkage

SGX rejects Nutryfarm's proposed 45% acquisition of First Linkage

Singapore Exchange REUTERS/Edgar Su

The Singapore Exchange (SGX) has rejected Nutryfarm International’s 45 per cent stake acquisition of First Linkage on grounds of its failure to address foreign ownership restrictions and contract-related risks in the company.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter