Corporate governance compliance is under review.
Singapore Exchange's Chief Regulatory Officer Tan Boon Gin called for greater shareholder activism among institutional investors in the city-state, according to a report by Reuters.
The local bourse is reviewing compliance along its listed companies with corporate governance rules, the report said, as the SGX seeks to boost its credentials as a front-line regulator.
"We cannot increase the percentage of institutional investors overnight. But we can increase the level of shareholder activism by institutional investors," Tan said.
Read the full report here.
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