In an exchange filing late on Dec 29, the board said it will also take into consideration the change in SingPost's profile following a divestment of the Australia business, and the subsequent need for a review of the group's strategy in evaluating the appointment of a new group chief executive.
SingPost's board said its statement was issued in response to comments and queries regarding the recent termination of the employment of three senior executives - former group chief executive officer Vincent Phang, former chief financial officer (CFO) Vincent Yik, and CEO of an international business unit (IBU) Li Yu - on Dec 21.
This came as a result of investigations into a whistle-blowing report received by SingPost in January, alleging the falsification of e-commerce shipment data at the IBU helmed by Mr Yu. The terminations were disclosed to shareholders on Dec 22.
The Straits Times had raised concerns that Mr Phang's removal could delay ongoing efforts to ensure the long-term commercial viability of the postal service business, and execute a new strategy to focus on logistics for future growth.
هذه القصة مأخوذة من طبعة December 31, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 31, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Japan's True Blue Tradition
Call it an antidote to fast fashion. Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.
6 easy dishes to pack for lunch
Nutritionists and food content creators suggest these healthy and convenient recipes
Don't cross Culinary Class Wars star Anh Sung-jae of three-Michelin-starred Mosu
On an early episode of Netflix's hit reality cooking show Culinary Class Wars (2024), chef Anh Sung-jae stood in a warehouse filled with makeshift cooking stations and considered the plate in front of him: a rainbow palette of handmade pastas, purees and delicately cooked seafood. On top was a smattering of flower petals.
Emerald Hill to make Netflix debut
Emerald Hill looks set to be the must-watch local blockbuster series of 2025.
Refreshed museums in SG60 arts
A timely slate of refreshed spaces and new programmes at Singapore's arts and cultural institutions will be launched in 2025, wooing audiences with a different Singapore story as the nation gears up to mark 60 years of independence.
Going casual to woo fickle diners
Serious artwork on the wall. Bespoke crockery on cloth-covered tables. A fine wine list. Eye-watering menu prices. Just don't call it a fine-dining restaurant.
Smartwatches Make Healthcare Smarter
From tracking heart rate to steps taken to sleep quality, smartwatches and fitness trackers can generate biometric data about the people using them.
Quality, not quantity, rules the superhero game
In 2025, the big studios are rolling up their sleeves to tackle a disease plaguing the box office – superhero fatigue.
Big-name musicals to hit the stage
Soothing melodies and soaring high notes are set to fill the air, as the coming year brings along a host of musicals to the Lion City.
Celebrating design with SG60, new hotels and theme parks
Architecture and urban design take centre stage in 2025, with marquee events such as a year-long celebration of Singapore's 60th year of independence (SG60) and launches of Sentosa attractions to enhance the destination's \"islander allure\".
