Mak Yuen Teen | Page 9 | Governance For Stakeholders

Case Study on Shanghai Turbo

Posted by Mak Yuen Teen | Apr 19, 2023 | Articles, Case Studies

On 19 April 2023, SGX Regco issued a notice of compliance to Shanghai Turbo requiring it to appoint an independent reviewer to look into the appointment of Mr Liu Ming to the board on 3 March 2023. I thought readers may find...

Rex International: Performance Bonuses for NEDs Raise Many Questions

Posted by Mak Yuen Teen | Apr 18, 2023 | Articles, On The Mak

On 28 April 2023, Rex International will be holding its AGM by electronic means. One of the resolutions for the AGM (resolution 5) is to approve the payment of additional remuneration of S$675,000 to non-executive directors for...

Are companies that are holding physical meetings complying with the Code of Corporate Governance?

Posted by Mak Yuen Teen | Apr 6, 2023 | Articles, On The Mak

By Mak Yuen Teen The Business Times editorial on 6 April 2023 “Hybrid AGMs should continue, even post-pandemic” makes a number of compelling arguments as to why companies should hold hybrid AGMs. It said: “A hybrid meeting...

EGM For ASTI Holdings: An Opportunity Not To Be Missed

Posted by Mak Yuen Teen | Apr 5, 2023 | Articles, On The Mak

Last night (4 April 2023) at 10:24 pm, ASTI Holdings announced that it had received a letter from four requisitioning shareholders giving notice to the company that they are calling for an extraordinary general meeting (EGM)...

Case Study on ASTI Holdings

Posted by Mak Yuen Teen | Apr 5, 2023 | Articles, Case Studies

I am re-posting this case study on ASTI Holdings in light of certain shareholders calling for an EGM on 5 May 2023. Readers may wish to read my separate article on the EGM. Download (PDF, 148KB) ...