Singapore Exchange goes for tougher rules

The Malaysian Insider, 10 Dec 2009
SINGAPORE, Dec 10 — Errant directors of listed companies may come under greater scrutiny from the Singapore Exchange (SGX), which could object to their appointment and rap them publicly.
Proposed new rules also have more safeguards against poor governance for listings with large overseas operations. They demand more disclosure over possible changes in control of companies due to share pledges for loans.
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