Case Study on Shanghai Turbo

Posted by Mak Yuen Teen | Apr 19, 2023 | Articles, Case Studies

On 19 April 2023, SGX Regco issued a notice of compliance to Shanghai Turbo requiring it to appoint an independent reviewer to look into the appointment of Mr Liu Ming to the board on 3 March 2023.

I thought readers may find the case study on Shanghai Turbo published in 2019 which I edited interesting, particularly with regards to the role of Mr Liu Ming in past events.

I think the independent review should also look at the actions of the current and past directors, as one person cannot do everything if not helped by others.

[gview file=”https://governanceforstakeholders.com/wp-content/uploads/2023/04/Case-study-on-Shanghai-Turbo.pdf”]

About The Author

Mak Yuen Teen

This is a personal website of Mak Yuen Teen intended to convey his personal views on current developments in corporate governance and to share thought leadership publications. He sees himself as a corporate governance advocate, taking an independent and objective view of corporate governance situations with the goal of improving corporate governance for the public interest. Yuen Teen has been involved in many key corporate governance developments in Singapore and the region. He was the founder of the first corporate governance centre in Singapore and developed the first corporate governance index in Singapore; has served on various corporate governance committees set up by the Singapore authorities; has served on boards and committees in various not-for-profit and international organisations; regularly conducts training for directors, regulators and other professionals; edits an annual collection of case studies published by CPA Australia; and has been recognised by both investor and director bodies with awards and citations for his contributions to corporate governance.