Governance Pain Points in Family Businesses
By Mak Yuen Teen On 4 March, CNA published my article about CDL and governance of family businesses. The article can be accessed here:...
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SGX Should Make Its Rules Clearer and Enforce Them
Updated, 1 March 2025, 12.40 pm By Mak Yuen Teen There have been comments about possible breaches of the SGX listing rules (and the Singapore Code of Corporate Governance) in the CDL saga but a failure to recognise just how...
Read MoreCFM Holdings: What SGX Do For (To?) Independent Directors
By Mak Yuen Teen The unfolding debacle at CFM Holdings is a result of the actions of two independent directors who left together in October 2024, and weak SGX rules and enforcement. Here is my commentary on what has happened and...
Read MoreDeep Dive – Are whistleblowers protected in Singapore?
Happy to share this CNA Deep Dive podcast hosted by Steven Chia and Crispina Robert where Celeste Ang from Baker & McKenzie Wong & Leow and I shared our views on whistleblower protection in Singapore....
Read MoreInterview on SingPost’s whistleblowing saga with Money FM 89.3
I am pleased to share my interview on SingPost’s whistleblowing saga with Money FM 89.3. SingPost has now brought back its former CEO (Singapore) as Group COO. She was with the company for 5 years before resigning in April...
Read MoreSINGPOST: DON’T FORGET THE ONE(S) WHO DID THE RIGHT THING
By Mak Yuen Teen CNA did an excellent job in editing the commentary they invited me to write on SingPost’s latest crisis, which can be accessed from here:...
Read MoreObservations about SingPost’s Whistleblowing Policy and Investigations
Below is the whistleblowing policy posted online by SingPost. There could be (I hope is) a more comprehensive policy available internally to employees as this policy is quite basic. Few things to note: – it encourages but...
Read MoreReflections of an Independent Director
Interview with Tan Lye Huat In the late 1990s when I started my work in corporate governance in Singapore, Tan Lye Huat was among the first directors I got to know who was deeply interested in the topic. Some directors I met...
Read MoreCorporate governance lessons from Thailand
I was editing a case study on Stark Corporation (Stark), which was ensnared in one of the biggest scandals involving a company listed on the Stock Exchange of Thailand (SET). Stark was in the SET100 index and the case involved...
Read MorePractising lawyers serving as independent directors should be closely scrutinised
13 years ago, I published the article below on lawyers serving on boards as independent directors. In that article, I compared the practice in Australia and Singapore. In Singapore, it is not uncommon to find lawyers serving as...
Read MoreInterview on Gender Diversity with Money FM 98.3
The following is an interview I did with Ryan Huang of Money FM 98.3 on the topic of gender diversity for International Women’s...
Read MoreSeatrium’s Settlements with Brazilian Authorities
This morning (26 February 2024) before the market opened for trading, Seatrium Limited issued four announcements, including its unaudited second half-year and full-year results for the year ending 31 December 2023. One of the...
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