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By Scott Murdoch
SYDNEY (Reuters) - Australia's plan to introduce dual-class share trading to help revive its weak listing market faces resistance from investors concerned the structure would give too much power to some shareholders, including founders.
The Australian Securities Exchange told Reuters in March it was considering allowing dual-class listings to bring it in line with most major rivals including New York and London.
Dual-class structures typically have two or more types of shares...
>>> Read more: Analysis-ASX to face investor push back on dual-class listing plans - again
SYDNEY (Reuters) - Australia's plan to introduce dual-class share trading to help revive its weak listing market faces resistance from investors concerned the structure would give too much power to some shareholders, including founders.
The Australian Securities Exchange told Reuters in March it was considering allowing dual-class listings to bring it in line with most major rivals including New York and London.
Dual-class structures typically have two or more types of shares...
>>> Read more: Analysis-ASX to face investor push back on dual-class listing plans - again