The Financial Times: The exit restrictions for the founder of Manus, Xiao Hong, will be lifted and ready to return to Singapore

The Financial Times cited two sources who claimed that the regulator was prepared to lift the exit restrictions on Manus founder and CEO Xiaohong and others. Xiao Hong has told the staff that it is planned to return to Singapore soon. The co-founder and chief scientist of Xiao Hong and Manus were asked to remain in the country last March. At the time, the Supervisory Authority was investigating whether Meta's acquisition of Manus was in violation of the relevant regulations. In April, the regulator requested Meta to cancel the acquisition of approximately $2 billion. Manus has officially confirmed this week that he will resume his independent operation. The splitting programme has also largely taken shape. Former shareholders, such as the Quangue Fund and the HSG, will participate in the buy-back and will take over most of Benchmark ' s shares, becoming the single shareholder with the largest shares in Manus, but not more than 50 per cent. Manus will not be incorporated into the placard and will continue to operate independently in Singapore. Final programmes also require regulatory approval. As far as the current programme is concerned, what the regulators are asking for is Meta's acquisition relationship with Manus, which does not require Manus to move back。