Good corporate governance is integral to achieving sustainable, long-term value creation through our business, particularly in relation to the sustainability fundamentals relating to the economic, environmental, social and governance areas.
Raffles Infrastructure Holdings Limited strives to uphold good corporate governance practices to maintain trust from its stakeholders. The Group has developed a sound system of risk management and internal controls, and a risk governance and internal control framework manual has been put in place by our Board to define the strategic objectives and determine the risk appetite, tolerance, and risk mitigation measures to address potential impediments.
The Board of Directors (the “Board”) of Raffles Infrastructure Holdings Limited (the “Company”) is pleased to share its initiative on corporate governance for the year 2022 with all its Shareholders of the Company.
As part of the abovementioned initiative, the Board wishes to announce that the Company has appointed Hong Leong Finance Limited (“HLF”) to assist and advise the Company on its continuing listing obligations with effect from 17 January 2022.
The Board is confident that with the guidance from HLF, the Company shall continue its ongoing efforts to strengthen and enhance its corporate governance to ensure compliance with all regulations.