In today’s briefing:
- Starhub Ltd: An Analysis of the Returns to Shareholders and Governance

Starhub Ltd: An Analysis of the Returns to Shareholders and Governance
- We commend StarHub for putting shareholder returns as a key priority; it is front and centre in its annual reports, and a significant portion of the CEO’s compensation is tied to returns targets.
- This is certainly not common among SGX listed companies, many of which do not even have Return on Equity (“ROE”) targets.
- In fact, less than 20% of SGX companies have 5-year average ROE of more than 10%, which is approximately the cost of equity for most companies.
