Applicants will need to be a “person of integrity” and have a “good character and reputation”. He or she will also need to meet the relevant public or private sector requirements. Candidates from the private sector will need to come from companies with an average shareholders’ equity at or above $500 million. He or she will also have to have served as the company’s CEO for at least three years and within the past two decades. Candidates must also be aged 45 years or older.
George Goh, the founder of Harvey Norman Ossia and group chairman of Singapore Exchange (SGX:S68
) (SGX)-listed Ossia International (SGX:O08) , announced that he will be running for president in Singapore’s upcoming elections on June 12.
This year’s presidential election will be an open one. Prospective candidates who wish to stand for this election will have to submit an application to the Presidential Elections Committee (PEC) for a certificate of eligibility.
