Corporate Governance
“As a Company, we are committed to upholding high standards of corporate governance to enhance shareholder value and a sustainable future. We believe practising good corporate governance standards are central to the health and stability of our financial markets
and economy.”
Born in 1911 to a destitute family in his native Fujian Province in China, Mr Kwek Hong Png grew up under tough conditions on a farm. At the tender age of 16 and armed with only an $8 ticket, a straw mat and a quilt for warmth but embodying big hopes and dreams, he boarded a cargo vessel in Xiamen and made the arduous journey over to Singapore.
Hong Leong Asia Ltd. (“HLA” or the “Company”) is committed to maintaining good corporate governance and business integrity in all its business activities, which is essential for the long-term sustainability of the Group’s businesses and the enhancement of shareholders’ value.
To demonstrate its commitment towards excellence in corporate governance, HLA joined the Securities Investors Association Singapore (“SIAS”) and its partners 2021 in making the following public statement of Support (as above) as part of the SIAS Corporate Governance Week 2021 Initiatives organized by SIAS in October 2021.
The Company’s corporate governance report, which is updated annually, sets out HLA’s corporate governance practices with specific reference to the updated principles and provisions in the revised Code of Corporate Governance 2018.
