Reits, business trusts improve disclosure practices
At the top end of the table, only half a point separate the first four trusts, making this year's Governance Index for Trusts ranking "very competitive", say the authors
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Singapore
THE second year of scrutiny of real estate investment trusts (Reits) and business trusts (BT) in Singapore found that despite a difficult year for some, the structures in general continued to perform well, with some even bettering their performances, in terms of their governance practices and how they managed their business risks.
This was among the key findings from the Governance Index for Trusts (Gift) 2018, produced by corporate governance advocate Mak Yuen Teen and active investor Chew Yi Hong, published on Tuesday. The index, which is into its sophomore year, assesses Reits and BTs listed here on various governance and business risk measures, and is supported by the Singapore Exchange (SGX).
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