It won't really have any effect on the Signature SP. However,...

It won't really have any effect on the Signature SP. However, interestingly the LG SP dropped 8%. So that means that the SGX is reacting to the fact that a butt load of LG shares are about to be dumped on the exchange... which means those who accepted are going to net approximately 2.1-2.2 cents per SBL share they owned equivalently assuming it holds at .99c for the next couple of days while the orders are processed. I'm assuming those selling will only be getting market value so I don't know how they are going to prioritize who gets to sell at market first... I guess the broker will figure that out.