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Court finds bankrupt ex-director personally liable for uncollected debts of the company

In SME Care Pte Ltd v Jannie Chan Siew Lee [2025] SGHC 27, the Singapore High Court held a bankrupt ex-director of a company personally liable to the company for failing to take steps to recover sums owed by third parties to the company. This update takes a brief look at the key takeaways from the decision.

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

Singapore's legal impact on minority shareholder rights: Explore how Singapore court judgments are shaping minority oppression, derivative claims and reflective loss principle, featuring cases like Thio Syn Pyn v Thio Syn Kym. Bulk discounts available for 3 or more participants.

Categories: Headlines

Microsoft’s $2.2 billion investment in Malaysia remains on track despite global uncertainties

Microsoft’s planned $2.2 billion investment in Malaysia is proceeding as scheduled, despite global economic and policy uncertainties, according to Laurence Si, managing director of Microsoft Malaysia. 

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

Singapore's legal impact on minority shareholder rights: Explore how Singapore court judgments are shaping minority oppression, derivative claims and reflective loss principle, featuring cases like Thio Syn Pyn v Thio Syn Kym. Bulk discounts available for 3 or more participants.

Categories: Headlines

Capital A targets PN17 exit by May, shifts focus to non-aviation businesses

Capital A Bhd expects to exit its Practice Note 17 (PN17) status by May 2025, following approval from Bursa Malaysia for its regularisation plan, CEO Tan Sri Tony Fernandes announced.

Ang Tien Sin v Lai Kin Sin and others [2025] SGHC 42

Companies — Directors ; Companies — Memorandum and articles of association

Singapore-listed companies progress in climate reporting but gaps remain

Singapore-listed companies have improved their climate-related disclosures, but less than one-third have met all Task Force on Climate-Related Financial Disclosures requirements, according to a review by the NUS Business School’s Centre for Governance and Sustainability and Singapore Exchange Regulation.

City Developments Ltd faces shareholder scrutiny amid boardroom dispute

Shareholders of City Developments Limited have raised numerous concerns following news of a power struggle between executive chairman Kwek Leng Beng and his son, group CEO Sherman Kwek, according to the Securities Investors Association (Singapore).

CDL executive chairman Kwek Leng Beng discontinues lawsuit against son Sherman Kwek

CDL executive chairman Kwek Leng Beng discontinues lawsuit against son Sherman Kwek

All current directors will remain on the company's board, and the younger Kwek will continue as group CEO.

Categories: Headlines
CDL saga highlights complexities of corporate governance and role of directors, say experts

CDL saga highlights complexities of corporate governance and role of directors, say experts

Aspiring directors should conduct their own due diligence before accepting a position on a board.

Categories: Headlines

Thailand strengthens oversight on foreign business compliance

Thailand is ramping up its efforts to regulate foreign business operations and prevent the misuse of nominee structures, according to the Department of Business Development.

Moratorium for scheme of arrangement granted over liabilities incurred as trustee-manager

This update looks at the High Court decision of Re Dasin Retail Trust Management Pte Ltd [2025] SGHC 6 which is the first reported case in Singapore involving an application for a moratorium by a trustee of a business trust to restructure liabilities of both the business trust and the trustee.

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

ADV: Singapore’s Contribution to the Development of Minority Shareholder Law

Singapore's legal impact on minority shareholder rights: Explore how Singapore court judgments are shaping minority oppression, derivative claims and reflective loss principle, featuring cases like Thio Syn Pyn v Thio Syn Kym. Bulk discounts available for 3 or more participants.

Categories: Headlines
Does the existing approach to corporate governance help or hinder innovation?: Opinion

Does the existing approach to corporate governance help or hinder innovation?: Opinion

There is no easy answer, but current thinking suggests that governance practices may have to be tweaked to allow companies to be more flexible and risk-taking.

Categories: Headlines

Government issues advisory to SingPost on corporate governance after whistle-blowing incident

The Singaporean government has issued an advisory to Singapore Post (SingPost) to reinforce proper corporate governance and processes following a whistle-blowing incident that alleged falsification of international e-commerce shipment data. 

Adani Group to exit joint venture with Wilmar International

Indian conglomerate Adani Group has announced plans to exit its joint venture, Adani Wilmar, in a move confirmed on December 30.


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