The Company recognises the importance of upholding a high standard of corporate governance to ensure the long-term sustainability of the Group’s business and performance and accountability to protect shareholders’ interests.
The SGX-ST Listing Manual requires an issuer to describe its corporate governance practices with specific reference to the principles and the provisions of the Code of Corporate Governance 2018 ("the Code") in its annual report, as well as disclose any deviation from any provision of the Code and explain how the practices it had adopted are consistent with the intent of the relevant principle.
This statement outlines the policies adopted and practised by the Group during FY2023 with specific reference to the relevant principles and provisions of the Code. The Company has generally adopted principles and practices of corporate governance in line with the recommendations of the Code, save as highlighted and explained in this report.
You can download Cosmosteel Corporate Governance Report from the link below: