SGX Calls On Boards And Audit Committees To Heighten Vigilace In Times Of Financial Turbulence

The Financial, 19 Mar 2009
The FINANCIAL -- The Singapore Exchange Limited (“SGX”) has stepped up engagement with listed companies and market professionals since September 2008 in response to global financial turbulence and the challenging market environment.
"We have urged Boards and Audit Committees to heighten their vigilance in identifying, addressing and managing risks that may have a material impact on the financial statements and operations of companies. Closer attention should be paid to liquidity, financing or refinancing, collection of receivables and other risks faced by companies," SGX reports.
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