ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Startups

Singapore's Sea plans to reduce Tencent control as it goes global

Proposed share structure change would give CEO Li majority voting power

Forrest Li, founder and CEO of Singapore's Sea, will have overwhelming voting power if a proposed share restructuring is approved that will reduce Chinese shareholder Tencent's voting rights. (Source photos by AP and Reuters) 

SINGAPORE -- Singaporean online gaming and e-commerce group Sea plans to reduce the voting rights held by Tencent Holdings, its large Chinese shareholder, as the company aims to expand globally.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more