June 20, 2012

RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on being appointed by Jackspeed

RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on being appointed as the corporate secretarial agent by Jackspeed Corporation Limited ("Jackspeed"), a Mainboard Listed Company. Jackspeed was established on 15 January 1993 and was listed on the Mainboard of SGX-ST on 19 November 2003. The Group is a specialist manufacturer of custom-fitted leather trim for automotive seats, and a supplier of leather wrapping for interior parts such as steering wheels, consoles and shift knobs.  Headquartered in Singapore, the Group has manufacturing facilities in Singapore,  Malaysia and Thailand. Jackspeed had completed its acquisition of 60% of the entire issued and paid-up capital of Index Credit Pte Ltd on 31 August 2011. RHTLaw Taylor Wessing’s Corporate & Securities Partner, Mr Chew Kok Liang has been appointed as the Company Secretary with effect from 18 January 2012.
June 1, 2012

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as sponsor for Goldtron Limited

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as the Sponsor for Goldtron Limited with effect from 1 June 2012. Goldtron Limited is a catalist listed company and its Group’s principal activities are that of electronic manufacturing services and marketing and distribution of electronic components. RHTLaw Taylor Wessing’s Corporate and Securities Partner, Mr Billy Lau, is the appointed Registered Professional for Goldtron Limited.
May 30, 2012

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as sponsor for KLW Holdings Limited

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as the Sponsor for KLW Holdings Limited with effect from 30 May 2012. KLW Holdings Ltd and its Group’s business includes door manufacturing and distribution to various Continents in Europe, Asia, Middle East and U.S.A. The Group has manufacturing bases in Malaysia and China. On the home front, the Group supplies quality doors for The Wharf Residence, Waterfront Key, Sophia Residence, The Minton, and a list of other residential properties.
May 29, 2012

Revised Corporate Governance Code imposes duty of risk management on Boards

The Singapore Corporate Governance Code 2012 Briefing shed new light on the role of directors and members of the board. Traditionally perceived as the audit committee’s responsibility, the new Code includes a formal statement on the board’s responsibility to manage risk. The half-day briefing, jointly organised by RHTLaw Taylor Wessing LLP, Singapore Institute of Directors (SID) and KPMG Advisory LLP, was well attended by over 90 members of SID, who comprise key management and board members of listed companies in Singapore. Speaker Mr Tan Chong Huat, Managing Partner and Head of the Corporate and Securities Practice of RHTLaw Taylor Wessing, shared on the key changes to the Code as well as recent case studies. Also speaking at the event was Mr Irving Low, Head of Governance, Risk & Compliance Services at KPMG Advisory, who shared on the challenges firms might face in putting into place a proper risk management system. In particular, he cautioned that of all the internal risk controls laid out by the new code, operational risk was likely to present the most problems due to its broad scope. The two speakers were joined by Mr Arthur Lang, Group Financial Officer for CapitaLand Limited, and Mr Danny Teoh, Board Member, DBS Group Holdings Ltd. in a panel which discussed the impact of these changes on companies in Singapore.