“Drag along” provisions are frequently included in shareholders’ agreements. Whenever an offer for all (or a high proportion) of a company's share capital is accepted by a majority (as ...
The Singapore Court of Appeal in Lim Kok Wah v Lim Boh Yong[i] emphasised that shareholders’ agreements should be interpreted ...
The rights become exercisable if a party acquires 10% or more ... which demonstrates a commitment to safeguarding shareholder value. The Rights Agreement aims to prevent hostile takeovers and ...