Jointly conducted by CPA Australia, the Centre for Governance and Sustainability (CGS) at the National University of Singapore (NUS) Business School, and the Singapore Institute of Directors (SID), the study assessed 467 Singapore-listed companies and 42 REITs and business trusts.
SATS and CapitaLand Ascott Trust (CLAS) have emerged tops once again in the Singapore Governance and Transparency Index (SGTI), an annual study that ranks listed companies (listcos) on their corporate governance practices and disclosures.
City Developments Limited (CDL) and CDL Hospitality Trusts (CDLHT), however, dropped out of the general category’s top 10 and the REIT and business trust category’s top five leaderboards respectively. Both CDL and CDLHT had placed second in their respective categories last year.
