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ExxonMobil, Shell, ST Engineering units among 9 entities designated under Singapore s Significant Investments Review Act
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Daily Debrief: What Happened Today (May 31)
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Uncertain economic outlooks and recent global disruptions to critical supplies have prompted the Government to review their investment management strategies that enhance the protection of Singapore’s national security interests. The Bill complements existing sector regulation of critical entities. Its targeted approach ensures that the impact on affected stakeholders is kept to a minimum and investor confidence for most entities remains unaffected.
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