CORPORATE GOVERNANCE CASE STUDIES VOLUME THREE Edited by Mak Yuen Teen Corporate Governance Case Studies Volume three Mak Yuen Teen FCPA (Aust.) Editor First published October 2014 Copyright ©2014 Mak Yuen Teen and CPA Australia. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, except for inclusion of brief quotations in a review. The views expressed in this publication are those of the authors and do not necessarily represent the views of, and should not be attributed to, CPA Australia Ltd. Please contact CPA Australia or Professor Mak Yuen Teen for permission of use of any case studies in this publication. Corporate Governance Case Studies Volume Three Editor : Mak Yuen Teen FCPA (Aust.) Editor’s email :
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[email protected] ISBN : 978-981-09-1544-5 II Contents Contents III Foreword V Preface VII Singapore Cases Airocean in Choppy Waters ...............................................................................1 A Brewing Takeover Battle for F&N ..................................................................10 Hong Fok Corporation: The Badger and The Bear............................................20 Olam in Muddy Waters ....................................................................................29