Updated on December 24, 2017 at 10.55 pm On Dec 11, Datapulse Technology announced the appointment of three new independent and one new executive directors. One of the independent directors appointed was Mr Low Beng Tin, who was...
Read MoreSingapore companies that do business overseas need to take a good hard look at their compliance programmes, strategies, incentive systems and business practices and adopt a more measured approach when responding to bribery allegations.
Read MoreThey deserve much better corporate governance, transparency and treatment from the Board even as the company tries to address their concerns about its plans.
Read MoreHow can directors be considered independent if their appointments are so closely linked to a controlling shareholder such that they resign as soon as there is a change in controlling shareholder? How can independent directors be considered independent when they are clearly appointed by the controlling shareholder?
Read MoreCompanies that are not very transparent, such as those with results and annual general meeting delays, restatements of financials, modified audit opinions and frequent queries, should not be exempt from quarterly reporting. And those exempted that fail to maintain a good compliance record should be required to report quarterly. This incentivises good behaviour and punishes bad behaviour.
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