Management & Corporate Governance
Auditor-General's Office highlights lapses in IT controls, procurement and contract management
The Auditor-General’s Office (AGO) has identified areas for improvement in IT controls, procurement and contract management, as well as operations management and grant management in its FY2019/20 a
Management & Corporate Governance
OCBC files court applications for KS Energy to be put under judicial management
OCBC Bank has filed applications in the High Court of Singapore to put KS Energy under judicial management, with Andrew Grimmett and Lim Loo Khoo of Deloitte & Touche as interim judicial manage
Management & Corporate Governance
Five ex-remisiers charged for false trading of 55 SGX-listed securities
Five remisiers from various brokerages were charged on August 20 for false trading of 55 SGX-listed securities, ranging from Annica Holdings to Rex International.
Management & Corporate Governance
Utico agrees to extend Hyflux’s binding offer to end August
Hyflux’s United Arab Emirates-based suitor Utico says it has agreed to extend its binding offer for Hyflux to accept by August 30, 5pm Singapore time.
Management & Corporate Governance
Tritech, Tiong Seng executives charged with bribing former LTA official
Executives of two Singapore listed companies are among the clutch of contractors who have been charged for bribing Henry Foo Yung Thye, who was a deputy group director at the Land Transport Authori
Management & Corporate Governance
EC World REIT CIO Li quits amid CAD probe
SINGAPORE (July 18): Li Jinbo, chief investment officer of EC World REIT, has resigned to take a “new job”, the REIT manager, EC World Asset Management said in a July 17 filing.
Management & Corporate Governance
SBI Offshore's former chairman Hui makes another bid for board influence
SINGAPORE (July 6): SBI Offshore’s former chairman and CEO Jonathan Hui Choon Ho is making another attempt to gain some control of the company’s board by calling for an extra-ordinary general meeti
Management & Corporate Governance
Chief investment officer of manager of EC World REIT under CAD and MAS probe
SINGAPORE (July 2): The chief investment officer of the manager of EC World REIT (ECW REIT), Li Jinbo, is under probe by the Commercial Affairs Department (CAD) and the Monetary Authority of Singap
Management & Corporate Governance
AGV under CAD and MAS probe
SINGAPORE (July 1): Steel galvanising company AGV Group is under probe by the Commercial Affairs Department and the Monetary Authority of Singapore.
Management & Corporate Governance
Singtel group CEO Chua takes pay cut again
SINGAPORE (July 1): Singtel group CEO Chua Sock Koong suffered yet another year of pay cut after the telco reported lower earnings for the most recent year FY2020 ended March 31 2020.
