Corporate Governance

GuocoLand Limited (the “Company”) is committed to maintaining high standards of corporate governance as well as a strong and sound corporate culture to ensure the Company’s long-term success and to enhance its shareholders’ value. During the financial year ended 30 June 2023 (“FY2023”), the Company continued to be on the SGX Fast Track programme list which was launched by the Singapore Exchange Regulation to recognise the efforts and achievements of listed issuers which have upheld high corporate governance standards and maintained a good compliance track record. The Company also supported the Corporate Governance Statement of Support organised by the Securities Investors Association Singapore (SIAS) to demonstrate its commitment towards excellence in corporate governance. The Company was ranked 49th among the 489 companies listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) that were being assessed in the Singapore Governance and Transparency Index 2022.

During the FY2023, the Company has adhered to the principles and provisions of the Code of Corporate Governance 2018 (“Code 2018”) as presented in this report. The Company’s own Code of Corporate Governance (“Company Code”) comprising the terms of reference for the Board of Directors and its Committees is in line with the principles and provisions of Code 2018.

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