// Adds dimensions UUID, Author and Topic into GA4
Friday, June 19, 2026
30.5 C
Singapore
type here...
Singapore News
1 min.Read

Shareholders agreement makes it clear about funding

The Independent
By The Independent

THE INDEPENDENT – SINGAPORE

Management Team @ theindependent.sg
Management Team @ theindependent.sg

  1. We refer to the statement from the Media Development Authority issued on 29 July 2013 regarding The Independent, which operates theindependent.sg
  2. The Independent is a new Singaporean media brand that aims to provide responsible, intelligent & robust journalism to the Singapore public.
  3. The Board and core team behind The Independent consists of Singaporeans. There is no foreigner in this team, nor has there ever been. The identities of The Independent’s core team have been posted on its website since June 2013.
  4. The founding shareholder’s agreement for The Independent, dated19 April 2013 states very clearly that the shareholders to this enterprise is restricted to Singapore Citizens/Permanent Residents or Singapore Registered Businesses/ Companies/ Societies, that is, The Independent expressly  prohibits the acceptance of foreign funding and has taken cognizance of the relevant provisions of Section 43 of the Broadcasting Act (Cap. 28). The said relevant clause in the said agreement was voluntarily agreed to by the founding team of The Independent prior to any discussion on registration and commencement of the venture.
  5. The core team of The Independent includes two former journalists with Singapore’s mainstream media institutions – Mr PN Balji, the former CEO and Editor of Today newspaper, and Mr Edmund Wee, a former Straits Times journalist and editor.
  6. We would like to highlight that the posture of The Independent is and has always been to be a purely Singaporean-funded media operation which does not accept foreign funds, was formulated and documented 19 April 2013, that is at an early stage of the venture’s formation.
  7. We are pleased to register under Section 9 of the Broadcasting Act (Cap. 28) and to comply with all laws, rules, regulations and code of practice in place to regulate broadcasting in Singapore.
  8. The Independent has not and will not ever come under the influence of, foreign entities or funding.

Issued by: The Management of The Independent, Singapore

- Advertisement -
Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Malaysia

Refugees’ claims of unequal treatment by UNHCR spark discussion among Malaysians

Iranian refugees in Malaysia allege they receive the least support from UNHCR, claiming priority is often given to other groups. This perception has fueled frustration within the community, as many...
Singapore News

More than half of Singaporeans consult AI for financial advice, according to survey

A recently released report clearly illustrates the current situation of Singaporeans "not having enough money". The report also uncovered a new trend: more than half of Singaporeans are now consult...

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityInternational
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks