To safeguard the interests of our stakeholders, we are committed to maintaining the highest standards of transparency and accountability. Upholding strong governance, compliance and ethical conduct are core principles that guide us in business.
In 2026, JMSEA ranked 3rd place amongst nearly 500 Singapore-listed companies in the Singapore Governance and Transparency Index for our strong corporate governance practices.
The 2025 Corporate Governance Report outlines JMSEA’s corporate governance practices, which are in line with the principles prescribed by the Code of Corporate Governance. The report also provides in-depth information on the roles and responsibilities of the Board of Directors and its various committees.
Board Composition
| Director | Board Position | Status |
|---|---|---|
| Samuel Tsien | Independent Chairman | Non Executive
|
| Freddy Lee | Member |
|
| Ng Yang Yen | Member |
|
| Steven Phan | Member |
|
| Tan Yen Yen | Member |
|
| Jean-Pierre Felenbok | Member |
|
Non-executive
Executive
Non-independent
Independent
Board Committees
| Audit & Risk Committee | Nominating Committee | Remuneration Committee |
|---|---|---|
| Steven Phan* (Chairperson) | Samuel Tsien* (Chairperson) | Tan Yen Yen* (Chairperson) |
| Samuel Tsien* | Tan Yen Yen* | Samuel Tsien* |
| Jean-Pierre Felenbok* | Jean-Pierre Felenbok* | Jean-Pierre Felenbok* |
*Independent Director
Constitution
The current JMSEA Constitution was adopted by Special Resolution at an Extraordinary General Meeting held on 1 October 2026.
Shareholders' approval by way of a special resolution is required for alterations to the Constitution.
Code of Conduct and Whistleblowing
As a member of the Jardine Matheson Group, JMSEA adopts the Jardine Matheson Group Code of Conduct (“the CoC”). The CoC sets out the core ethical principles which guide our conduct and how we operate, as we seek to deliver sustainable long-term growth.
Our whistleblowing policy encourages the reporting of matters of concern that may affect the professional and compliant operation of our businesses and reputation.
To report a whistleblowing matter, you may submit it here or email us at whistleblowing.jmsea@jardines.com, or mail to the following address:
Jardine Matheson Southeast Asia
Risk & Compliance
239 Alexandra Road
Singapore 159930
Reports may be made anonymously or on an identified basis. We will give due consideration to reports raised anonymously.
Anti-Financial Crime Policy
Bribery, fraud, corruption and other financial crimes are in direct opposition to our core values. JMSEA adopts the Jardine Matheson Anti-Financial Crime Policy which sets out a zero-tolerance approach to these threats.
Group Tax Governance (Singapore)
JMSEA has put in place a Group Tax Governance Policy (Singapore), which sets out our approach towards conducting our tax affairs in Singapore. The policy outlines JMSEA’s commitment to comply with tax laws and regulations, our view on tax, including tax risk culture and appetite, as well as our governance structure for managing tax risks and its approach to tax risk management.