19 August 2017
Find out more

SGX responds to Firb nixing of ASX deal

07 April 2011  |  2714 views  |  0 Source: Singapore Stock Exchange

Singapore Exchange Limited ("SGX") refers to the announcement on 5 April 2011 concerning the notification by the Foreign Investment Review Board ("FIRB") that the Australian Treasurer is disposed to reject the proposed merger of SGX and ASX Limited ("ASX") as contrary to Australia's national interest.

In response to the FIRB's invitation to provide further comments, and following discussions with the FIRB, SGX has today provided further written responses to the FIRB in connection to the ASX-SGX merger proposal. SGX has not amended the terms of the proposed merger.

SGX and ASX maintain their belief that the merger proposal would result in significant benefits for Australia and Singapore, market users and the shareholders of SGX and ASX.

SGX will make market announcements and update shareholders, as appropriate.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8968 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7830 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7207 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6450 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6314 views comments | 11 tweets | 9 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job