The headline for the article “Focus on quarterly earnings contrary to long-term value creation: BlackRock CEO” (BT, Feb 3) may give the impression that a major asset manager is opposed to quarterly financial reporting.
Read MoreIt will work on report with PwC – a move to allay investors’ concerns
Read MoreGIVING in to public pressure over its choice of its longstanding external auditor
PricewaterhouseCoopers (PwC) as special auditor for its corporate governance probe,
Singapore Post (SingPost) has decided to bring in a joint special auditor: law firm Drew &
Napier.
The Board of Directors (the “Board”) of Singapore Post Limited (the “Company”) refers to the Company’s announcements released on 23 December 2015, 19 January 2016 (the “19 January Announcement”) and 29 January 2016 (the “29 January Announcement”).
Read MoreA COMMENTARY on Singapore Post’s choice of special auditor published in The Business Times on Thursday was a possible culprit for the stock’s 6.5 per cent plunge to a 22-month low that day, the postal and e-commerce group has claimed.
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