Thursday, January 29, 2015

Company announcements: Courts Asia, SMRT, SGX, Tuan Sing

Courts Asia - General Announcement::Press Release:SinarMas Land and Courts hold Groundbreaking Ceremony in BSD City

Announcement Type: General Announcement
Company: COURTS ASIA LIMITED
Stock Code/Name: RE2 - Courts Asia

General Announcement::Press Release:SinarMas Land and Courts hold Groundbreaking Ceremony in BSD City
Issuer & Securities
Issuer/ ManagerCOURTS ASIA LIMITED
SecuritiesCOURTS ASIA LIMITED - SG2F22986069 - RE2
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast29-Jan-2015 17:17:58
StatusNew
Announcement Sub TitlePress Release:SinarMas Land and Courts hold Groundbreaking Ceremony in BSD City
Announcement ReferenceSG150129OTHROXHU
Submitted By (Co./ Ind. Name)Dr Terence Donald O'Connor
DesignationExecutive Director/Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Please see attached Press Release.
Attachments



SMRT - Financial Statements and Related Announcement::Third Quarter Results

Announcement Type: Financial Statements
Company: SMRT CORPORATION LTD
Stock Code/Name: S53 - SMRT

Financial Statements and Related Announcement::Third Quarter Results
Issuer & Securities
Issuer/ ManagerSMRT CORPORATION LTD
SecuritiesSMRT CORPORATION LTD - SG1I86884935 - S53
Stapled SecurityNo
Announcement Details
Announcement Title Financial Statements and Related Announcement
Date & Time of Broadcast29-Jan-2015 17:32:05
StatusNew
Announcement Sub TitleThird Quarter Results
Announcement ReferenceSG150129OTHRQUJ0
Submitted By (Co./ Ind. Name)Jacquelin Tay Gek Poh
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)Please refer to the attachments
Additional Details
For Financial Period Ended31/12/2014
Attachments



SGX - General Announcement::SGX aids listed companies in governance disclosure

Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX

General Announcement::SGX aids listed companies in governance disclosure
Issuer & Securities
Issuer/ ManagerSINGAPORE EXCHANGE LIMITED
SecuritiesSINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast29-Jan-2015 17:31:36
StatusNew
Announcement Sub TitleSGX aids listed companies in governance disclosure
Announcement ReferenceSG150129OTHRDNVF
Submitted By (Co./ Ind. Name)Carolyn Lim
DesignationVice President, Marketing & Comms
Description (Please provide a detailed description of the event in the box below)Singapore Exchange (SGX) has developed a disclosure guide for companies in complying with key aspects of governance and for investors in assessing information provided by companies.

Developed in a question-and-answer format, the guide makes clearer to companies specific principles and guidelines identified as express disclosure requirements in the Code of Corporate Governance 2012.

Under SGX s comply-or-explain approach to the Code, listed companies are expected to comply with the Code or explain in their annual reports any deviation from the Code. Listed companies are encouraged to enclose the new disclosure guide as part of their annual reports.

Investors can use these disclosure guides to review and compare companies governance practices, and better assess the companies they invest in. A sample of the disclosure guide is attached.

Recent surveys have indicated that while compliance with the Code among SGX-listed companies is generally good, disclosures relating to remuneration, risk governance, board diversity and sustainability were not comprehensive. Using the disclosure guide as a basis for comparison, investors and interested stakeholders can judge whether a company has provided adequate disclosures and meaningful explanations for any deviations from the Code.

Effective corporate governance is the cornerstone of long-term sustainable performance. Disclosure standards of listed companies must be raised to address the concerns identified in recent surveys. Companies with high disclosure standards and sound corporate governance practices will rise above the competition and benefit from trust and confidence by stakeholders, the outcome of which is a better capital market, said June Sim, Head of Listing Compliance at SGX.

The disclosure guide is part of SGX s ongoing efforts to improve the overall quality of corporate governance. The Securities Investors Association (Singapore) (SIAS), the Singapore Institute of Directors (SID), the NUS Business School s Centre for Governance, Institutions and Organisations (CGIO) and the Diversity Action Committee have all expressed support for this SGX initiative.

SIAS firmly believes that all listed companies owe it to their investors to uphold high disclosure standards and comply with the Code of Corporate Governance. Each year, SIAS recognises companies which have high corporate governance standards; how companies use SGX s new disclosure guide will be a key consideration when we evaluate companies for the Singapore Corporate Governance Awards, said David Gerald, President and CEO of SIAS.

Joyce Koh, Executive Director of SID said, SID s view is that effective governance under the comply-or-explain regime is not only the responsibility of companies and their boards, but also that of other stakeholders in the corporate ecosystem, such as the regulators, investors, industry analysts and associations. SID, on its part, has been providing education and thought leadership on the comply-or-explain framework, the Code guidelines and measuring compliance. The newly implemented disclosure guide will certainly be an aid in our assessment of the corporate governance of the company in the Best Managed Board Awards, which is part of the Singapore Corporate Awards.

The disclosure guide will put the relevant information in a nutshell for stakeholders to efficiently determine the extent of compliance with the Code of Corporate Governance. It is a most timely initiative. We will incorporate the disclosure guide into our assessment and ranking of listed companies in Singapore , said Lawrence Loh, associate professor at NUS Business School and leader of corporate governance projects at the School s Centre for Governance, Institutions and Organisations (CGIO).

A member of the Diversity Action Committee said, Companies should seize the opportunity to profile the diverse strengths of their individual directors and the capability of the board as a whole. Making the disclosures called for by the disclosure guide will enhance investors perception of the company.

Attachments



SGX - REPL::General Announcement::SGX aids listed companies in governance disclosure

Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX

REPL::General Announcement::SGX aids listed companies in governance disclosure
Issuer & Securities
Issuer/ ManagerSINGAPORE EXCHANGE LIMITED
SecuritiesSINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast29-Jan-2015 18:08:55
StatusReplacement
Announcement Sub TitleSGX aids listed companies in governance disclosure
Announcement ReferenceSG150129OTHRDNVF
Submitted By (Co./ Ind. Name)Carolyn Lim
DesignationVice President, Marketing & Comms
Description (Please provide a detailed description of the event in the box below)Singapore Exchange (SGX) has developed a disclosure guide for companies in complying with key aspects of governance and for investors in assessing information provided by companies.

Developed in a question-and-answer format, the guide makes clearer to companies specific principles and guidelines identified as express disclosure requirements in the Code of Corporate Governance 2012.

Under SGX s comply-or-explain approach to the Code, listed companies are expected to comply with the Code or explain in their annual reports any deviation from the Code. Listed companies are encouraged to enclose the new disclosure guide as part of their annual reports.

Investors can use these disclosure guides to review and compare companies governance practices, and better assess the companies they invest in. A sample of the disclosure guide is attached.

Recent surveys have indicated that while compliance with the Code among SGX-listed companies is generally good, disclosures relating to remuneration, risk governance, board diversity and sustainability were not comprehensive. Using the disclosure guide as a basis for comparison, investors and interested stakeholders can judge whether a company has provided adequate disclosures and meaningful explanations for any deviations from the Code.

Effective corporate governance is the cornerstone of long-term sustainable performance. Disclosure standards of listed companies must be raised to address the concerns identified in recent surveys. Companies with high disclosure standards and sound corporate governance practices will rise above the competition and benefit from trust and confidence by stakeholders, the outcome of which is a better capital market, said June Sim, Head of Listing Compliance at SGX.

The disclosure guide is part of SGX s ongoing efforts to improve the overall quality of corporate governance. The Securities Investors Association (Singapore) (SIAS), the Singapore Institute of Directors (SID), the NUS Business School s Centre for Governance, Institutions and Organisations (CGIO) and the Diversity Action Committee have all expressed support for this SGX initiative.

SIAS firmly believes that all listed companies owe it to their investors to uphold high disclosure standards and comply with the Code of Corporate Governance. Each year, SIAS recognises companies which have high corporate governance standards; how companies use SGX s new disclosure guide will be a key consideration when we evaluate companies for the Singapore Corporate Governance Awards, said David Gerald, President and CEO of SIAS.

Joyce Koh, Executive Director of SID said, SID s view is that effective governance under the comply-or-explain regime is not only the responsibility of companies and their boards, but also that of other stakeholders in the corporate ecosystem, such as the regulators, investors, industry analysts and associations. SID, on its part, has been providing education and thought leadership on the comply-or-explain framework, the Code guidelines and measuring compliance. The newly implemented disclosure guide will certainly be an aid in our assessment of the corporate governance of the company in the Best Managed Board Awards, which is part of the Singapore Corporate Awards.

The disclosure guide will put the relevant information in a nutshell for stakeholders to efficiently determine the extent of compliance with the Code of Corporate Governance. It is a most timely initiative. We will incorporate the disclosure guide into our assessment and ranking of listed companies in Singapore , said Lawrence Loh, associate professor at NUS Business School and leader of corporate governance projects at the School s Centre for Governance, Institutions and Organisations (CGIO).

A member of the Diversity Action Committee said, Companies should seize the opportunity to profile the diverse strengths of their individual directors and the capability of the board as a whole. Making the disclosures called for by the disclosure guide will enhance investors perception of the company.

Attachments
Related Announcements
29/01/2015 17:31:36




Tuan Sing - General Announcement::Announcement of financial statements by a subsidiary, SP Corporation Limited, for FY2014

Announcement Type: General Announcement
Company: TUAN SING HOLDINGS LIMITED
Stock Code/Name: T24 - Tuan Sing

General Announcement::Announcement of financial statements by a subsidiary, SP Corporation Limited, for FY2014
Issuer & Securities
Issuer/ ManagerTUAN SING HOLDINGS LIMITED
SecuritiesTUAN SING HOLDINGS LIMITED - SG2D13002373 - T24
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast29-Jan-2015 17:58:20
StatusNew
Announcement Sub TitleAnnouncement of financial statements by a subsidiary, SP Corporation Limited, for FY2014
Announcement ReferenceSG150129OTHRC9NJ
Submitted By (Co./ Ind. Name)Mary Goh Swon Ping
DesignationGroup Company Secretary
Description (Please provide a detailed description of the event in the box below)Tuan Sing Holdings Limited's subsidiary, SP Corporation Limited, has issued an announcement on its financial statements for the year ended 31 December 2014.

For details, please refer to the announcement posted by SP Corporation Limited on the SGX website : www.sgx.com



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