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Singapore Post Limited: 'Famous Acquisitions' and Corporate Governance

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Singapore Post Limited (SingPost), Singapore's sole Public Postal Licensee, had set its sights on becoming the regional leader in e-commerce logistics and trusted communications. This goal was achieved through multi-million-dollar acquisitions in warehouses, freight forwarders, and parcel pickup services. Among the acquisitions were the 'Famous Acquisitions' comprising Famous Holdings Pte Ltd, FS Mackenzie Limited, and Famous Pacific Shipping (NZ) Limited. Between December 2015 and May 2016, a chain of events related to the 'Famous Acquisitions' unfolded at SingPost: its public admission of lapses in corporate governance disclosure, a special audit, a corporate governance review, resignation of the lead independent director, and change of the board chairman. The case discusses these events and describes what SingPost subsequently did to improve its corporate governance practices.

【書誌情報】

ページ数:24ページ

サイズ:A4

商品番号:HBSP-NTU103

発行日:2017/2/13

登録日:2018/3/15

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