Shares & Derivatives
Best World International: Highlighted by Business Times for its Poor Corporate Governance
By Investmoolah  •  October 31, 2023
Business Times ran a story of the poor corporate governance culture in Singapore with thoughts if it could be improved. One company was mentioned and it was none other than Best World International (which can be inferred). Truth be told, Best World has one of the worst corporate governance and is the best example for our school business univeristies to use as a case study module. If you wish to read it, the link can be found here (except there is a need to be a paying member) so let me show where Best World was mentioned Close to Negligence of Best World Independent Directors It is likely the 3 Best World Independent Directors have not been active enough to help minority shareholders given how the discrepancy in pay received by the executives (which has to run through the approval of the 3 Indepedent Directors) while dividends are not given (ironically its the 3 independent directors who have a vote in this....
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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