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.
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.
Issue 2 of RHT Group of Companies’ Client Updates newsletter summarises the key amendments to the Code of Corporate Governance, which was issued by the Monetary Authority of Singapore (MAS) on 2 May 2012.
The newsletter is available in both English and Chinese.
Please click the links below to view:
Key Amendments to the Code of Corporate Governance (English)
Key Amendments to the Code of Corporate Governance (Chinese)
RHT Group of Companies comprises RHT Corporate Advisory Pte. Ltd. and RHT Capital Pte. Ltd.
RHT Corporate Advisory provides compliance advisory services and corporate secretarial and business services. The Team has experience advising both local and international public listed companies, multinational companies, business trusts, charities and institutions of public character as well as offshore companies from a wide spectrum of industries.
RHT Capital is an approved Continuing Sponsor on Catalist, the sponsor-supervised board of the Singapore Exchange Securities Trading Limited. The team is well equipped to supervise, advise and provide guidance and assistance to Catalist companies in their continuing listing obligations, compliance with the laws and regulations including the Catalist Rules, and on corporate governance.
RHTLaw Taylor Wessing’s Managing Partner Mr Tan Chong Huat spoke on China business law at the inaugural Future China Advanced Leaders Programme, held on 7 May 2012.
Organised by Business China and Nanyang Technological University's Nanyang Business School, the three-week programme aimed to help participants become China-savvy and China-ready through lectures and networking opportunities with China’s industry leaders and officials. The programme was attended mainly by top executives and second generation owners of Singapore’s prominent businesses.
Partners Ms Ch'ng Li Ling and Mr Lin Song also spoke to participants of this programme and shared their experiences of doing business in China.