Author: Mak Yuen Teen

Spotlight is on the CFOs

Over the past few years, SGX introduced several rule changes which are related to the appointment and cessation of CFOs. Not only must companies immediately disclose their appointment and cessation, detailed reasons for cessation must also be provided. The CFO must inform SGX in writing if he is aware of any irregularities in the issuer which would have a material impact on the group, including financial reporting.

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