Corporate boards

Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses

The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks

There remains 19.8% of listed companies that are still disclosing their directors’ remuneration in bands, a report by the Singapore Institute of Directors shows.

Disclosures of directors’ fees shot up after change in listing rules: SID report

The number of listcos with independent directors serving more than nine years has fallen to 3.2%

Singapore boards need to understand the expanded purview of their roles, and move beyond traditional risk management.

The evolving role of listed company directors

While directors previously focused mainly on financial, legal and operational concerns, they must now grapple with serious emerging issues such as climate change, sustainability and cybersecurity

Materiality assessments, which are often disclosed in annual or sustainability reports, are typically carried out by companies to identify and manage their risks and opportunities, especially on ESG issues that are most significant to their business and stakeholders.

Governance, economic factors outweigh environmental, social aspects in companies’ materiality assessments: report

Paper by Governance for Stakeholders and the Sustainable Finance Institute Asia finds that social factors rank third in importance, with environmental aspects fourth

Gupta, who left DBS in late March after serving as CEO  for more than 15 years, is Keppel's newly minted deputy chairman.
HOCK LOCK SIEW

Boon for Keppel should Piyush Gupta become chairman

The company can tap former DBS CEO’s knowledge, experience and networks as it shapes its path ahead

By prioritising mental health at the highest level, boards can drive meaningful changes, foster a supportive work environment and, more importantly, enhance organisational performance.
THE BROAD VIEW

Boards and mental health: An opportunity for greater business success

Leadership with empathy and a strategic vision for employees will secure a critical advantage for organisations

CDL's annual report said the appointment of the two new independent directors followed a formal and deliberate process, consistent with the Code of Corporate Governance, despite not going through the nominating committee.
MARK TO MARKET

CDL’s AGM: Minority support for five IDs seeking re-election a litmus test of governance perceptions

Investors may view CDL differently now that they are aware of the rift caused by Catherine Wu, and Kwek Leng Beng’s misgivings about Sherman Kwek’s track record

Companies will do well not to conflate diversity with preferential treatment. Diversity is about cognitive diversity of thought and experience to help better decision-making.

Unlocking potential: Board diversity can help drive business success

An inclusive boardroom culture ensures open dialogue and active participation, enabling directors from different backgrounds to contribute effectively

The pall of uncertainty hanging over CDL could begin to clear when it holds its AGM on Apr 23.
MARK TO MARKET

CDL shares are a gamble, not an investment

CDL needs to fix governance lapses surrounding the ‘coup’, clarify roles of Kwek family members and associates, and forge a more aggressive business strategy