Debated in Parliament on 4 Jul 2023.
Mr Leong Mun Wai asked 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.
There are 413 companies with over $500 million in shareholders' equity that have filed chief executive officer (CEO) or managing director (MD) information with Accounting and Corporate Regulatory Authority. About 40% of these CEOs or MDs are Singapore Citizens.