independent directors

Markets

Hard limits on independent director tenure is an opportunity for boards

SGX announced that it was limiting the tenures of independent directors on Jan 11.

Company in the news

Three independent directors resign from Eagle Hospitality Trust

The three directors are Tarun Kataria, Lau Chun Wah @ Davy Lau and Tan Wee Peng Kelvin.

Malaysia

Are independent directors paid enough?

SINGAPORE (Nov 11): As the regulations on Malaysian independent directors turn more stringent, corporate executives are increasingly less willing to take up the fiduciary duties, especially when the fees are small.

Malaysia

Penalties imposed on independent directors adequate, says Securities Commission

SINGAPORE (Nov 11): Between 2017 and so far this year, a total of 54 enforcement actions have been taken against 25 independent directors of 10 listed issuers, says Bursa Malaysia.

Management & Corporate Governance

More than a third of independent directors exceed nine-year tenure: Survey

SINGAPORE (Oct 3): A survey by the Singapore Institute of Directors (SID) found that 37% of independent directors have served for more than nine years on the boards of Singapore-listed companies.
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