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Companies’ nonchalance toward SGX queries on pay shows why mandatory disclosure may be necessary
Published Wed, Nov 2, 2022 · 05:50 AM
SINGAPORE Exchange Regulation (SGX RegCo) is seeking feedback on a proposed rule change that would make it mandatory for listed companies to disclose how much they pay their chief executives and directors.
There is likely to be some pushback from companies and boards, but recent developments have reinforced the importance of pushing the change through anyway.
SGX RegCo published its consultation paper last Thursday (Oct 27).
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