Singapore prides itself on high standards of corporate governance. But one aspect of its securities laws is being used by Hong Kong mogul Li Ka-shing to find a new way of doing what he does best – promoting his holding company's interests at the expense of downstream companies and outside shareholders.
Li Ka-shing's New Captive Trust
Li Ka-shing's New Captive Trust
Li Ka-shing's New Captive Trust
Singapore prides itself on high standards of corporate governance. But one aspect of its securities laws is being used by Hong Kong mogul Li Ka-shing to find a new way of doing what he does best – promoting his holding company's interests at the expense of downstream companies and outside shareholders.