Professional Documents
Culture Documents
Kelompok 4-Corporate Governance - Week2 Case
Kelompok 4-Corporate Governance - Week2 Case
LIMITED –
DESIGNERS OF A
FRAUD
Adzkia Muftia – Aryo Chandra Hilali – Zatalini
Marsal
Summary Case
30 Sept
Founded in July 2004, 2004,
1993 by Pat filed an IPO issued a
Y. Mah on SGX profit
warning
31 March
14 Nov 2005, 11 Oct 2005,
reported financial 2005,
reported loss performance didn’t repayment
of HK$38.8 meet market issues with
million expectations
DML
Summary Case (2)
22 May 2006,
20 Nov 2005, a 16 Jan 2006,
appointed the
special audit to Daka’s trading
consultancy firm
investigate would be halted
A&M Asia to act
Daka’s financial because failing
as interim
affairs to cooperate
managers
Role and
Function
by the
Maintain, revise Acquire,
and enforce the board of dispose of,
memorandum
and articles of
directors charge and
safeguard the
association of assets of the
the company company
Source by : Approve
Directors’ Duties & Responsibilities Delegate important or
(Singapore) special powers
to others on
major financial
matters and
https://www.gibsondunn.com/wp-conte matters ensure that
nt/uploads/documents/publications/D requiring board
approval
proper reports
are given to the
irectors-Duties-and-Responsibilitie shareholders
s-in-Singapore08-2015.pdf
Yes. The directors breach any
laws pertaining to directors’
duties. 1.Raymond Chow (CEO) mempersulit team audit
Beberap
untuk mendapatkan informasi keuangan dan
a personal perusahaan
contoh
Saat dilakukan special audit, keempat direksi
buktiny yang menempati posisi penting justru
a. melepaskan posisi manajerialnya dan mengambil
cuti
Ketiga senior eksekutif melakukan konspirasi
untuk menipu SGX dan memberikan informasi
yang tidak sesuai kepada investor
#2
Are the prospectus disclosures adequate for
investors? If not, how can they be improved?
No. The prospectus disclosures is
not adequate for investors.
Karena Deka tidak menyebutkan atau melaporkan
beberapa informasi bahkan memberikan informasi yg
tidak konsisten antara rencana dan realisasinya didalam
prospektus tersebut
Untuk improvement, mereka bisa menggunakan referensi
prinsip 5 dari OECD Corporate Governance, yaitu
Disclosure and Transparency