9-year threshold for IDs : Limited pool a hurdle to board renewal

    By Angela Tan

    The Business Times, 8 November 2019

    Family owners should use independent directors as a resource to help their companies reach the next level.

    IT has been more than a year since the Monetary Authority of Singapore (MAS) made the nine-year threshold for independent directors (IDs) a hard limit written into the Singapore Exchange (SGX) Listing Rules, and the issue remains a nagging concern for listed companied and the frontline regulator. ...