The Board of Directors (the “Board” or “Directors”) and management of the Company (the “Management”) of Yoma Strategic Holdings Ltd. (the “Company”) and its subsidiaries (together, the “Group”) firmly believe that a genuine commitment to good corporate governance is a fundamental part of their responsibility to protect and enhance shareholder value and the financial performance of the Group.
The Company continues to uphold the highest standards of corporate governance and it remains in the top 5% on the Singapore Governance and Transparency Index (SGTI) in 2020. The SGTI is aimed at assessing companies on their corporate governance disclosure and practices, as well as the timeliness, accessibility and transparency of their financial results announcements.
The Company has been placed on the SGX Fast Track programme since April 2018. This is a programme which was launched by the Singapore Exchange Regulation (SGX RegCo) in recognition of listed companies which have maintained good corporate governance standing and compliance track record. Companies under this programme will receive prioritised clearance on selected corporate action submissions to SGX RegCo.
The Company’s corporate governance report, which is updated annually, sets out our corporate governance practices with specific reference to the updated principles and provisions in the revised Code of Corporate Governance 2018.
For more information on our corporate governance practices and structures, please refer to our FP2020 Annual report.