The sanitised explanations provided by Xia do not mask the fact that the disclosures were late and not compliant with the SFA. The late disclosures went viral on social media as soon as the disclosures were made. Six late disclosures are clearly not isolated cases.
Read MoreMore needs to be done to make auditors more accountable to shareholders.
Read MoreBy Mak Yuen Teen Today’s (13 February, 2020) Business Times published a letter from RHTLaw Asia LLP clarifying certain points in our article “Sponsors’ conflicts symptomatic of a bigger issue” (Business...
Read MoreSponsors should be independent and free from conflicts of interest but this is debatable, given the current fees for sponsorship activities.
Read MoreThe priorities now are vigorous enforcement, stronger investor protection and a higher bar on the quality of listings in the market.
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