congratulations / appointments

Clockwise from top left corner: Republic Plaza (City Developments Limited); Hong Leong Finance; ; HL-Sunway Prefab Hub (Hong Leong Asia); Copthorne Cameron Highlands (HL Global Enterprises); Pullman Munich Hotel (CDL Hospitality Trusts).

Hong Leong
Companies
Make The Rank
On Scorecard
For Governance
And Transparency


CDL and CDLHT snagged #2 in their respective categories.

Our Hong Leong Group of companies was recently ranked on the Singapore Governance and Transparency Index (SGTI) 2024, a scorecard that ranks Singapore Exchange-listed companies on corporate governance practices, timeliness, accessibility, and transparency of their financial disclosures.

SGTI is jointly conducted by SID, CPA Australia and the Centre for Governance and Sustainability at the National University of Singapore Business School. The index has two categories: a general category ranking all Singapore-listed companies, and another that ranks real estate investment trusts (REITS) and business trusts.

Currently in its 9th year, the SGTI has placed a greater emphasis on sustainability disclosures and practices. Our companies are ranked as follow:

General Category

REITs and business trusts category

 

According to SGTI, the index revealed that companies in the general category received an overall score of 69.3 points for their performance in the areas of shareholder rights as well as environmental, social and governance practices. This was lower than their score of 74.8 points the previous year.

In the Reits and business trusts category, the mean score stood at 86.6 points, slightly lower than 89.3 points last year.

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