Corporate Governance is not just about operating within existing regulations and following the law; it is about putting in place a culture of accountability and honesty throughout the entire organisation. This begins at the top, as corporate leadership must lead by example and demonstrate the importance of being a responsible corporate citizen and an industry leader.
At Asiatic Group, we commit ourselves to implement good corporate governance practices to protect the interests of our shareholders. As a Singapore incorporated company and listed on the Stock Exchange of Singapore, our senior management and Board of Directors ensure that we conduct ourselves in a transparent and proactive manner when operating our business.
To ensure effective governance from within, the company has established a system of checks and balances to ensure proper conduct throughout the Group. Asiatic Group’s internal processes include:
- Audit and Risk Committee
- Nominating Committee
- Remuneration Committee
These committees regularly convene and consult with our Board of Directors on appropriate actions to take regarding to the direction of the company, and the impact such decisions will have on our stakeholders.
Furthermore, the company conducts orientation program for all new directors to familiarise themselves with the company’s structure, business and governance policy.
As a public company, we are accountable to our shareholders and we regularly disseminate accurate and timely information through the Singapore Exchange to all stakeholders on the company actions and results.
We are aware of the importance that good corporate governance plays in earning and maintaining public trust. At Asiatic Group, we understand that this trust is our greatest resource as we continue to grow.