If you are a founder, investor, or minority shareholder in a Singapore private company, the term "drag-along right" probably appears at least once in your shareholders' agreement — and may be the most consequential clause in the entire document. A drag-along right gives a defined group of shareholders the power to force the rest of [...]
If you are buying or selling a Singapore private company, the smoothness of that exit will often turn on two unassuming clauses tucked into the shareholders' agreement: drag-along and tag-along rights. They look technical. They feel like boilerplate. But they decide whether a majority owner can deliver 100% of the equity to a buyer, and [...]
When founders and investors negotiate a Singapore shareholders' agreement, two clauses tend to dominate the exit discussion: drag-along rights and tag-along rights. Of the two, drag-along is by far the more contentious — and the more powerful. A well-drafted drag-along clause can be the difference between a clean 100% sale of your company and a [...]