The sixth edition of SID’s report, released Nov 4, analysed annual reports by 615 local listcos. On the topic of director remuneration, the report found that the proportion of firms that did not disclose any remuneration information fell to 9.4% in end-2024 from 14.2% in end-2022.
More than two-thirds (67.8%) of Singapore-listed companies (listcos) have disclosed their board directors’ exact remuneration as at Dec 31, 2024, after the Singapore Exchange (SGX) made this mandatory in January 2023.
This is more than double the 27.8% observed in end-2022, according to the latest edition of the Singapore Directorship Report, a biennial analysis by the Singapore Institute of Directors (SID) and academics.
