LIAN Beng Group has declined regulators’ request for the company to disclose the remuneration of employees singled out as family members of a director, the chief executive or a substantial shareholder, citing potential impact on the group’s ability to attract and retain key and middle-management talent. The Singapore Exchange (SGX) had asked the construction group and property developer to detail.
SGX asked the company to detail the responsibilities of five employees and state their remuneration in bands of $100,000. Read more at straitstimes.com.