Corporate Governance raising its ugly head again

Lee Suet Fern resigned as independent director of CAO. She was unhappy about how decisions were made. It was more like a fait accompli according to a report in Today. And the Chairman doubles up as the CEO and paid an undisclosed sum. And 'the firm is said to be in contravention of the Corporate Governance Code, which requires that at least one third of the board of the directors are independent.