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Companies may be only as ‘good’ as their controlling shareholders allow them to be

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Ben Paul

Ben Paul

Published Wed, Sep 13, 2023 · 05:00 AM
    • Directors who do not share the views of a company’s controlling shareholders are unlikely to last long.
    • Directors who do not share the views of a company’s controlling shareholders are unlikely to last long. PHOTO: BT FILE

    ONE aspect of last week’s Singapore Corporate Awards 2023 that grabbed attention is that some companies won multiple awards within their market-cap class.

    Sing Investments & Finance won the gold awards for best managed board and best risk management, as well as the bronze award for best annual report for companies with market caps under S$300 million.

    In the same market-cap class, CSE Global took home silver awards for best risk management and best annual report.

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