Mak Yuen Teen | Page 26 | Governance For Stakeholders

GHY Culture & Media: Non-Disclosure of Recent Business Relationship Involving Independent Director

Posted by Mak Yuen Teen | Jan 2, 2022 | On The Mak

According to page 281 of GHYCM’s prospectus dated 11 December 2020, GHYCM entered into a service agreement with Mr Yeo Guat Kwang on 1 September 2017 for the provision of advisory services to the group for the period from...

Remuneration Policies: Getting What You Pay For

Posted by Mak Yuen Teen | Jan 1, 2022 | Articles

Note: This is the second in a series of articles on remuneration. By Mak Yuen Teen On 21 December 2021, the Government announced that another S$400 million in Jobs Support Scheme (JSS) payouts will be disbursed to employers from...

Poor Remuneration Disclosure Is No Laughing Matter

Posted by Mak Yuen Teen | Dec 31, 2021 | Articles

Note: This is the first of a series of articles on remuneration. By Mak Yuen Teen Many years ago, I spoke at an overseas conference where one participant mentioned that disclosing remuneration in annual reports makes their...

ASTI Holdings: Is There a Need to Clarify the Clarifications?

Posted by Mak Yuen Teen | Dec 31, 2021 | On The Mak

Note: This post was updated on 31 December 2021 at 4.45 pm and then further updated at 7 pm. Last night, ASTI Holdings posted a “clarification announcement” in response to my earlier post about the payment made to...

ASTI Holdings: Not A Merry Christmas for Minority Shareholders

Posted by Mak Yuen Teen | Dec 24, 2021 | On The Mak

Note: This post was updated on 25 December 2021 at 12 pm to provide more detail on what contributed to the change of fortunes in FY2019 for ASTI and DGI. _________________ On 23 December, I made a post titled “ASTI Holdings: A...