Registered Companies with over $500 Million in Shareholders' Equity with Singaporeans as CEOs
04 Jul 2023Parliamentary Question by Mr Leong Mun Wai:
To ask the Deputy Prime Minister and Minister for Finance as of 31 December 2022, how many companies registered with the Accounting and Corporate Regulatory Authority with over $500 million in shareholders’ equity have chief executives who are Singapore citizens.
Parliamentary Reply by Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong:
There are 413 companies with over $500 million in shareholders’ equity that have filed chief executive (CEO) or managing director (MD) information with ACRA. About 40% of these CEOs or MDs are Singapore citizens.