Investors need to play their part
It is a concern that many retail investors do not read the corporate governance report.
Read MoreAuthor: Mak Yuen Teen
SBIO: corporate governance at the edge
The case raises wider issues as to whether sponsors are really equipped to fulfil their responsibilities.
Read MoreStand taken by SBI Offshore sponsor highly disappointing
THIS Friday’s EGM at SBI Offshore (SBIO), requisitioned by three substantial shareholders, will consider the following resolutions: the proposed removal of current CEO Chan Lai Thong as a director, and the proposed appointment of Hui Choon Ho, Lau Yoke Mun, Ong Nai Pew and Geoffrey Yeoh Seng Huat as directors.
Read MoreDual class shares: safeguards or minefields?
The SGX board should also consider if DCS are the way to build a sustainable exchange.
Read MoreWhy governance lapses are recurring
Three key factors impose a continuing and increasing stress on the corporate governance system of companies.
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