Mak Yuen Teen | Page 86 | Governance For Stakeholders

Regulatory and market enforcement are complements, not substitutes

Posted by Mak Yuen Teen | Sep 9, 2017 | Letters

There is much in Thio Shen Yi’s article Time to open the gates for shareholder activism?, (BT, Sept 1) that I agree with. Indeed, there is a need for Singapore to provide shareholders with better access to justice. Despite the Companies Act now allowing shareholders of public-listed companies to initiate statutory derivative action against directors, there remain significant barriers to shareholder enforcement here, as Mr Thio has pointed out.

Scrapping quarterly reporting a bad move

Posted by Mak Yuen Teen | Aug 16, 2017 | Articles

It’ll worsen information disparity between insiders and investors; neither continuous disclosure nor stronger regulation is a substitute.

Excelling In GIFT

Posted by Mak Yuen Teen | Jul 29, 2017 | Articles, Governance Index for Trusts (GIFT)

On June 29, a new governance index dedicated to real estate investment trusts (REITs) and business trusts (BTs) in Singapore was launched. This index, called Governance Index For Trusts or GIFT, was developed by Chew Yi Hong, an active investor and corporate governance researcher, and me with the help of a group of NUS accountancy honours students. It is supported by CPA Australia.

RESPONSE TO APPOINTMENT OF INDEPENDENT THIRD PARTY AT YUUZOO

Posted by Mak Yuen Teen | Jul 21, 2017 | Articles

I have been a keen observer of corporate governance in Singapore and internationally for almost twenty years but I have never seen a company quite like YuuZoo Corporation (YuuZoo).

Questions for the 2017 YuuZoo AGM

Posted by Mak Yuen Teen | Jul 11, 2017 | Articles

I attended the YuuZoo AGM held on July 7, 2017, as a proxy of a small retail shareholder and prepared a number of questions relating to the financial statements and auditors’ report, most of which I did ask.