Friday, April 8, 2016

SingPost

SingPost: Singapore boards are destroying shareholders' value
http://www.bloomberg.com/gadfly/articles/2016-04-08/singapore-boards-are-killing-value

- Bloomberg draws attention to SingPost directors with multiple companies in portfolio
- Keith Tay Ah Kee (director in 4 other companies), Goh Yeow Tin (4, chairman of one other); national average 4.6 companies/director
- Dedicated boards shown to have far superior track record
- Company has to clean up board, remove overworked directors and introduce more females.

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