Photo of Ng Yat Chung

Singapore Press Holdings, under the leadership of CEO army general Ng Yat Chung, has been kicked out of the Straits Times Index it founded.

The change will take effect next week (June 22), and SPH will be replaced by real estate stock, Mapletree Industrial Trust.

Brigadier General Ng Yat Chung was appointed SPH CEO by the Singapore government after his failed stint at the former state-owned shipping company Neptune Orient Line (NOL).

NOL was sold to a French company after its former CEO, SAF General Ng Yat Chung, chalked up billions in losses from his charge in 2011 to 2017 when it was finally sold.

Singapore’s ruling party dictatorship actively practices nepotism and put former army generals as government ministers and executives of state-owned companies despite them having no working experience or relevant qualifications.

The upcoming General Election will see a new female army general at Bishan-Toa Payoh GRC.

Singapore’s ruling party dictatorship actively practices nepotism and put former army generals as government ministers and executives of state-owned companies despite them having no working experience or relevant qualifications.

The upcoming General Election will see a new female army general, BG Gan Siow Huang, at Bishan-Toa Payoh GRC as PAP candidate. The BG said Singaporeans should vote for her because she is woman.