Source of article: THE STRAITS TIMES In summary: While it is an honour to be nominated and elected to a company’s board of directors, the position comes with serious duties and responsibilities. Most prudent businessmen will not hesitate in refusing to guarantee a friend’s loan. A number may however readily fall for the dubious prestige of…

Source of article: Channel News Asia In summary: Every Singapore incorporated company needs to have at least one local director under our laws. Singapore being an open economy attracting many foreign companies, the provision of nominee directors has grown to be a thriving business for the corporate services industry evolving from this legal requirement. It…