Sure they can object to it or claim they are "blocking" the sale, but is there really anything they can do considering that Manus is no longer within their jurisdiction?
Generally speaking this seems bad for Chinese companies, though. They were able to raise capital from the West by running out of "Singapore"; I think basically every investor will have significant pause investing in Chinese-national-owned startups after this, "Singapore-based" or not.
Nationals. The word you are looking for is nationals.
From wikipedia, which links to what seems like a relatively reliable source:
> The Singapore Department of Statistics broadly defines "Chinese" as a "race" or "ethnic group", in conjunction with "Malay, Indian and Others" under the CMIO model.[10] They consist of "persons of Chinese origin" such as the Hokkiens, Teochews, Hainanese, Cantonese, Hakka, Henghuas, Hokchias/Foochows, Shanghainese and Northern Chinese, etc."[11]
So I would, on the balance of things, think that kccqzy meant what they said, and was pretty correct about it.
Anyone who has ever thought otherwise was just naive. This is anything but news. If you’ve had an impression that China capital market is free and western-like, you were right - it was an impression. Always has been.
They kept him under house arrest for years and now he complies