Driving value through corporate governance

"With our roots as the former Development Bank of Singapore, we have always sought to create value for the long term, by managing our business in a balanced and responsible way. A strong corporate governance framework has been instrumental on our journey, anchored on competent leadership, effective internal controls, a strong risk culture, and accountability to stakeholders. As the Covid-19 pandemic continues to affect livelihoods and economies, our robust corporate governance framework enables us to remain a trusted partner for our customers, providing for all their banking needs in safe and innovative ways."

- Piyush Gupta, CEO at DBS

"As a relatively young Reit, Sasseur Reit is immensely honoured to be recognised for its high standards of corporate governance. We conduct our business in a fair and ethical manner, with careful consideration of stakeholders' interests. Our commitment to clear, timely and proactive engagement with stakeholders was demonstrated through our handling and communications of the challenges faced by the Reit's 4 retail outlet malls in China at the onset of the Covid-19 pandemic in 2020. Emphasis on corporate governance has enhanced trust and credibility with our stakeholders. We will continue to strive for excellence in corporate governance as we chart Sasseur Reit's next phase of growth."

- Cecilia Tan, CEO at Sasseur Asset Management

"An unwavering commitment towards corporate governance is the cornerstone of Ascendas Reit's resilience over the years. The strong culture of ethical values and behaviour is led by our board and management team, and shapes every action and decision of our entire organisation. This goes beyond ticking the boxes or having checks and balances. Going forward, we have further strengthened our commitment by intertwining corporate governance and sustainability factors into all our decision-making processes. We thank our stakeholders for their continued trust and support for Ascendas Reit as we work together to create sustainable, long-term value."

- William Tay, CEO at Ascendas Funds Management (S)

"Since becoming a public company in 2003, we have worked diligently to make governance a comprehensive methodology for building compelling and enduring value at Micro-Mechanics. I am beyond grateful to our board of directors and especially to our CFO, Chow Kam Wing, for their tireless championing of governance, transparency and the inseparability of conformance and performance. Being recognised by Sias is a wonderful honour to share with our people as encouragement to continue working to enhance and protect stakeholder value."

- Chris Borch, CEO at Micro-Mechanics (Holdings)

"Our unwavering commitment to uphold the highest standards of corporate governance and sustainability practices has laid strong foundations for the bank to create and deliver long-term, sustainable value to our stakeholders."

- Helen Wong, Group CEO at OCBC Bank

"Good corporate governance is important as it provides the infrastructure to improve the quality of the decisions made by the various stakeholders, such as senior management executives, customers, suppliers, financiers and the community. Fair and ethical decision-making builds sustainable businesses and enables us to create long-term value more effectively."

- Ismail Gafoor, CEO at PropNex

"A robust corporate governance framework is instrumental to creating long-term value for shareholders. At Tuan Sing Holdings, we are committed to walking the talk. From the board, to senior management, as well as dedicated staff, we engage our stakeholders with transparency, accountability and integrity."

- William Liem, CEO at Tuan Sing Holdings

"As an SGX-listed Reit and a leader in sustainability, Frasers Logistics & Commercial Trust upholds the principles of transparency, accountability, and sustainability - key tenets of our culture - across all of our systems and processes. We believe that a progressive mindset grounded by strong corporate governance is vital to the health and longevity of any business, and is aligned with our fundamental objectives of delivering sustainable returns and long-term value to our stakeholders. Incorporating a robust corporate governance framework across all aspects of our business has enabled us to effectively regulate business risks, future-ready our properties, strengthen investors' confidence and bring value to the business."

- Robert Wallace, CEO at Frasers Logistics & Commercial Asset Management