Directors need to ask if they are going overboard with their various board seats

THE issue of multiple directorships has cropped up again, following the arrest of the current and former Singapore-based directors of Eagle Hospitality Trust (EHT).

The directors in question - Lau Chun Wah @ Davy Lau, Tan Wee Peng Kelvin, Tarun Kataria, Salvatore G Takoushian, Carl Gabriel Florian Stubbe and Ng Kheng Choo - were arrested and released on bail on "reasonable suspicion" over suspected disclosure breaches.

A couple stood out as they also serve on other boards. Tan is also a board member of IReit Global Group, UnUsUaL and Viking Offshore, while Ng sits on the board of ISOTeam and OKH Global. Their arrest forced several of the listed companies whose boards they serve on to defend their continued appointments.