RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on its appointment as the corporate secretarial agent by Intraco Limited (“Intraco”), a Listed Company with effect from 1 October 2012.
Intraco Incorporated on 5 November 1968, Intraco’s initial corporate roles were to source for competitively priced raw materials, commodities and manufactured goods for the domestic market to support Singapore’s early industrialisation programme, create export markets for locally manufactured products, and promote external trade.
Intraco was listed on the Singapore Exchange in December 1972 and has since undergone significant changes in business focus and leadership. Today, Intraco is an integrated solutions trading company through global partnerships.
Over the years, the Group’s operations had evolved to come under five sectors, each with a different area of focus:
Agri-Business and Foods
Energy and Environment
Building Materials and Security Solutions
While growth has been steady, resulting in a global operation of 20 subsidiaries and associated companies, Intraco also serves as a viable launch pad for companies seeking regional expansion. This is bolstered by its international network of partnerships and alliances.
Intraco's integrated global market network now covers ASEAN, China, India, GCC, Taiwan, South Korea, Japan, New Zealand, USA, EU and South Africa.
RHTLaw Taylor Wessing’s Corporate and Securities Partner, Mr Chew Kok Liang is the named Company Secretary for Intraco.
We proudly sponsor the "RHT Law Taylor Wessing LLP Prize in Corporate Finance Law and Practice in Singapore" for the Law Faculty of the National University of Singapore. The S$15,000 book prize, worth S$1,000 per academic year, is awarded to the law student attaining the highest marks in the module "Corporate Finance Law and Practice in Singapore”. We congratulate Ng Han Qian Sam for winning this book prize for AY2011-2012.
Mr Nandakumar Renganathan, Partner of the Litigation and Dispute Resolution Practice, has been awarded the “Minister for Law Appreciation Award” which is conferred on individuals and organisations who have rendered commendable services as a volunteer with the Ministry’s Community Mediation Unit (CMU) and the Legal Aid Bureau (LAB) to provide pro bono legal aid.
The award will be presented to him on 18 October 2012 by Mr K Shanmugam, Minister for Foreign Affairs and Minister for Law, at the Ministry of Law and Attorney General’s Chambers’ National Day Awards Investiture and Appreciation Dinner.
We congratulate Mr Nandakumar on being conferred this award.
As part of RHTLaw Taylor Wessing’s commitment to excellence in corporate governance, two partners from the Firm’s Corporate & Securities Practice participated in the 3rd Annual Corporate Governance Week organised by the Securities Investors Association of Singapore (SIAS).
The Corporate Governance Week is an annual event that aims to encourage good corporate governance practices in businesses in order to enhance shareholder value and contribute to the health and stability of the financial markets and the economy.
Deputy Head of the Corporate & Securities Practice, Mr Lawrence Wong, presented at the panel discussion on "Proposed Measures to Protect Shareholders in Foreign Listings on the Singapore Exchange" where the panellists shared their views on 5 measures proposed by SIAS to SGX following the string of scandals involving foreign listings on SGX-ST, including the pros and cons, practical issues in implementation, legalities involved and suggested alternatives.
Head of Private Wealth, Mr Tan Choon Leng presented at the panel discussion on "Governance for Family/Owner Managed Businesses. During this forum, panellists discussed the latest findings from a survey conducted by KPMG and CPA Australia on family owned businesses in Singapore of a certain minimum size. Topics discussed included succession planning where the founder is still active in the company and practical points in the application of a corporate governance regime on a family business.