Letters

Regulatory and market enforcement are complements, not substitutes

Saturday, September 9th, 2017

There is much in Thio Shen Yi’s article Time to open the gates for shareholder activism?, (BT, Sept 1) that I agree with. Indeed, there is a need for Singapore to provide shareholders with better access to justice. Despite the Companies Act now allowing shareholders of public-listed companies to initiate statutory derivative action against directors, there remain significant barriers to shareholder enforcement here, as Mr Thio has pointed out.

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Don’t assume new board will lead to good corporate governance

Tuesday, February 14th, 2017

THE report “Natural Cool board ouster leaves doubts over stake divestment” (BT, Feb 10) made reference to questions that I posed as a shareholder at the extraordinary general meeting (EGM) of Natural Cool Holdings held on Feb 8.

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SingPost special audit report should reveal full methodology

Sunday, May 8th, 2016

I refer to the executive summary of the special audit report released by Singapore Post (SingPost). The special auditors did a professional job but may have been hampered by certain limitations in their work.

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More credible responses needed from S’pore firms accused of bribery abroad

Sunday, May 8th, 2016

RECENTLY, allegations have been made in media reports about the possible involvement of some Singapore companies in bribery scandals overseas.

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Take corp governance to the next level at SingPost

Saturday, April 16th, 2016

RECENT announcements about board changes at Singapore Post (SingPost) have given me hope that the company will transform its board just as it is transforming its business.

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SingPost should reveal identity of independent consulting firm

Tuesday, March 29th, 2016

I REFER to the announcement, “Update on special audit and corporate governance review” by Singapore Post (SingPost) on Jan 19.

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Meaningful quarterly reporting can improve governance and transparency

Tuesday, February 16th, 2016

The headline for the article “Focus on quarterly earnings contrary to long-term value creation: BlackRock CEO” (BT, Feb 3) may give the impression that a major asset manager is opposed to quarterly financial reporting.

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More questions than answers from SingPost’s reply

Sunday, January 31st, 2016

For SingPost to transform successfully, it needs a strong, effective board unencumbered by conflict of interest, good corporate governance, and a strong management team

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Issues SingPost should tackle to improve corporate governance

Wednesday, December 30th, 2015

RECENT news media reports following the announcement of the special audit by Singapore Post (SingPost) have focused much attention on the so-called “administrative oversight” relating to the failure to disclose the interest of SingPost’s lead independent director, Mr Keith Tay, in its announcement of the acquisition of FS MacKenzie.

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