CH Offshore Ltd ("CHO" or "the Company") and its subsidiaries (collectively, the "Group") recognise the importance of, and is committed to, maintaining high standards of corporate governance to ensure greater transparency and maximize long-term shareholder value.
As the Company's shares are listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST"), the Company seeks to comply with the listing rules of the SGX-ST as prescribed in the Listing Manual of the SGX-ST ("Listing Rules") and is guided in its corporate governance practices by the revised Code of Corporate Governance issued in 2012 ("Code").
The Board of Directors ("Board") is pleased to outline the main corporate governance framework and practices of the Company in the Annual Report, with specific reference made to each of the principles set out in the Code. The report describes the Company's corporate governance practices that were in place throughout the financial period ended 31 December 2018. Other than deviations which are explained in the report, the Company has generally adhered to the principles and guidelines set out in the Code.
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