Lucien Wong on Singapore's new takeover code

Top Singaporean lawyer, Lucien Wong of Linklaters Allen & Gledhill explains changes to the takeover code.

Last year was obviously a very big year for MA in Singapore, and you were at the heart of all the transactions. Do you think this year is going to be as active as last

I don't believe so. If you look at the activity last year, it was centred on bank consolidation in Singapore and I don't think a second round of consolidation is going to happen this year. Secondly, a lot of the MA last year was centred on foreign buyers acquiring our contract manufacturing companies. So a lot of these have already been sold.

Are there particular sectors you think may still be active

Banks will have to look at...

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