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SingPost parries governance concerns raised

SIAS chief tells of anonymous letter and two phone calls querying timing of 'significant impairments' on an investment and impartiality of independent directors

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SingPost said that, in the interest of transparency and disclosure, it would address the issues raised. Its reply covered the independence of two IDs and the impairments sought on an investment bought two years ago.

Singapore

SINGAPORE Post may have dusted off the severe governance fallout of 2016, but its reconstructed board appears to still be facing concerns from certain quarters.

Securities Investors Association of Singapore (SIAS) president David Gerald said he received an anonymous

sentifi.com

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