Imperium Crown gets SIAS queries over governance practices

Singapore

THE Securities Investors Association (Singapore) (SIAS) has queried Catalist-listed real estate developer Imperium Crown over certain decisions as cited in the firm's corporate governance report, a regulatory filing by Imperium on Monday showed.

SIAS questioned the property firm based on its corporate governance report, which showed among other things that Imperium Crown had granted a S$48,000 payout to its former CEO, John Lyn Hian Woon.