Corporate Governance

Governance, accountability and
transparent stewardship.

The Group is committed to high standards of corporate governance, aligned with the SGX listing rules and the Code of Corporate Governance 2018.

Governance Philosophy

A foundation built on accountability and trust.

Effective governance underpins long-term shareholder value. The Board sets the Group's strategic direction, oversees management, safeguards financial-reporting integrity and protects stakeholder interests.

The Board adopts a governance framework consistent with the Code of Corporate Governance 2018 issued by the Monetary Authority of Singapore, with disclosures aligned to the Catalist Rules of the SGX-ST.

Board Independence

Four of the six directors are Independent, providing independent oversight of strategy, risk and remuneration.

Risk & Control

The Audit and Risk Committee oversees risk management, internal controls and financial reporting integrity, supported by external and internal auditors.

Transparency

Full and timely disclosure via SGX of all material information, financial results and corporate actions in accordance with listing rules.

Board Committees

Three principal committees provide structured oversight.

Director Designation Board of Directors Audit and Risk Committee Nominating Committee Remuneration Committee
Mr Lim Kee Way IrwinIndependent & Non-Executive ChairmanChairMemberMemberChair
Dato’ Teh Chooi PengGroup Managing Director & Executive DirectorMember
Mr Loo Hee GuanExecutive DirectorMember
Mr Tan Boon HwaIndependent DirectorMemberMemberChairMember
Ms Pauline Teh @ Pauline Teh AbdullahIndependent DirectorMemberChairMemberMember
Mr Mark Neal BarnardIndependent DirectorMemberMember

Committee composition is reviewed periodically and disclosed in the Annual Report. Refer to the latest Annual Report for current memberships.

A

Audit and Risk Committee

Reviews the integrity of financial statements, oversees internal and external audit, monitors internal control systems, and reviews the effectiveness of risk management.

  • Financial reporting integrity
  • Internal audit oversight
  • External auditor engagement
  • Risk management framework
  • Whistleblowing policy
N

Nominating Committee

Reviews the composition of the Board, recommends appointments and re-appointments, and evaluates the effectiveness and performance of the Board.

  • Board composition & succession
  • Director independence review
  • Board evaluation
  • Diversity considerations
  • Director training & induction
R

Remuneration Committee

Reviews and recommends remuneration policies and packages for directors and key management, ensuring alignment with shareholder interests.

  • Director & executive remuneration
  • Performance-linked incentives
  • Long-term value alignment
  • Service contract review
  • Remuneration disclosure
Key Policies

Policies anchoring the governance framework.

Code of Business Conduct

Setting expected ethical standards for directors, officers and employees across the Group.

Whistleblowing Policy

A confidential channel for raising concerns about suspected misconduct or non-compliance. Reports may be made in confidence to the Chair of the Audit and Risk Committee at Pauline.Teh@gsholdings.com.sg. Read the Whistleblowing Policy →

Anti-Bribery & Anti-Corruption

Zero-tolerance approach across all Group operations, supplier relationships and partnerships.

Insider Trading Policy

Strict policies governing dealings in the Company's securities, including black-out periods.

Related Party Transactions

Transparent procedures for the review and approval of interested-person transactions.

Disclosure Policy

Timely and fair disclosure of all material information in accordance with SGX listing rules.

Detailed governance disclosures are presented in the Corporate Governance section of the Group's Annual Report.

Read the latest Annual Report

Detailed corporate governance disclosures and committee reports.

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