Will Sheng Siong get a free pass for breach of listing rules?

Sheng Siong’s non-compliance with Singapore Stock Exchange’s listing rules, which require a majority of Independent and Non-Executive Directors on the board, has raised questions on regulatory oversight. Sheng Siong maintains its current board composition is adequate given its size. Pat Low asks if Singapore is to accept “ownself check ownself” in the corporate world, emulating what the Singapore Government does.

Online users all praise for Sheng Siong boss after company announced bonuses of up to 16 months for staff

After performing “tremendously well” for the “turbulent” year of 2020, local supermarket…

Sheng Siong being compared to NTUC FairPrice after rewarding staff with up to 16 month’s bonuses

Local supermarket Sheng Siong will be giving its employees bonuses of up…