Hong Leong Asia rose the ranks to the 16th position among 517 public-listed companies on the Singapore Governance and Transparency Index 2023 (SGTI), with an overall score of 104 points, an improvement from ranking 21st in 2022. 
 
This latest accolade attests to HLA’s commitment to strong corporate governance, proactive shareholder communication and sustainable business practices, ensuring active disclosure and transparency of information and continuously improve on communicating with our stakeholders at all times.
 
The SGTI, jointly published by CPA Australia, NUS Business School’s Centre for Governance and Sustainability (formerly known as Centre for Governance, Institutions and Organisations), and Singapore Institute of Directors (SID) in collaboration with The Business Times, is an annual ranking that assesses Singapore-listed companies’ corporate governance practices.

This year, the SGTI ranked 474 corporates and 43 REITS & Business Trusts, most of which released their annual reports by 31 May 2023. The mean score of all companies reviewed for the SGTI was 74.8 points out of a maximum of 143 for 2023.