Adecco Singapore Marks 40 Years of Enabling Talent and Business Growth
SINGAPORE - Media OutReach Newswire - 23 July 2025 - Adecco Singapore has officially commemorated its 40th anniversary with a stakeholder event held at the National Gallery Singapore. The occasion marked four decades of providing workforce solutions and contributing to Singapore's evolving labour market.Since its founding in 1985, Adecco Singapore has worked with employers and jobseekers across a broad range of industries, supporting workforce development through recruitment, advisory, and outsourcing services.From its beginnings as a staffing agency, Adecco Singapore has expanded into a comprehensive provider of workforce solutions. The company has supported thousands of associates annually and worked with multinational corporations, small- and medium-sized enterprises, and government-linked organisations.Its services have expanded to include permanent recruitment, flexible staffing arrangements, outsourcing, and HR advisory. This growth has aligned with shifts in Singapore's economic strategy and labour market trends.'Adecco's 40th anniversary is both a milestone and an opportunity to reaffirm our role in Singapore's workforce ecosystem,' said Cindy Lee, Country Manager of Adecco Singapore. 'We remain committed to delivering practical workforce solutions that support business continuity and career development in a changing world of work.'The commemorative event brought together Adecco's clients, associates, and partners to express gratitude for their ongoing support. Guest speakers included Kenny Tan, Deputy Secretary (Workforce) at the Ministry of Manpower; Frank Grütter, Swiss Ambassador to Singapore; and other key clients.Speakers highlighted the long-standing partnership between Adecco and various government agencies, associations, and clients. Remarks acknowledged the efforts of Adecco's teams and their commitment to going beyond transactional delivery to meet the needs of clients across various sectors.Following the formal programme, guests attended a networking session over canapes and refreshments. The session provided an opportunity to celebrate the milestone and reaffirm shared goals around workforce resilience, agility, and long-term partnership.Adecco Singapore has supported businesses through significant shifts in the employment landscape, including digital transformation, pandemic recovery, and the rise of flexible labour models. Its workforce solutions have helped organisations manage short-term operational needs, implement hiring technology, and plan for long-term skills demand.The company's workforce solutions and recruitment services in Singapore continue to play a role in helping employers remain responsive to evolving labour market needs.Today, Adecco Singapore maintains a defined service model supported by more than 60 recruiters who specialise by sector and function. The company continues to deliver end-to-end workforce solutions that align with business needs and national workforce developments.Strategically, Adecco is focusing on skills-based hiring and the application of AI-driven talent matching to improve recruitment speed, accuracy, and inclusiveness. These priorities are designed to support workforce planning and help individuals adapt to evolving career pathways.The company also provides structured recruitment advice for jobseekers and employers navigating a fast-changing employment landscape while continuing to support individuals who are looking to find jobs in Singapore that match emerging skills demands.To learn more about Adecco Singapore's services, visit: https://www.adecco.com.sg/ Hashtag: #Adecco
The issuer is solely responsible for the content of this announcement.
About Adecco
Adecco Singapore is part of The Adecco Group, a global provider of HR services and workforce solutions. With local experience spanning four decades, the company supports employers with permanent hiring, temporary staffing, HR outsourcing, and workforce advisory services. Through its group ecosystem, Adecco delivers integrated services to a wide range of sectors across Singapore.
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Malay Mail
5 minutes ago
- Malay Mail
Federal Court validates share issuance in family company dispute: What it means for Malaysians and their rights — Justin Wee Kim Fang
AUGUST 1 — In a significant recent decision, the Federal Court of Malaysia resolved a complex legal battle involving a prominent Sarawak-based family business over the validity of shares issued in several private companies. The outcome affirms the principle that Malaysia courts can, in certain circumstances, validate share issuances even if proper approval procedures were not followed so long as it is fair and just to do so. The case, WTK Realty & Ors v Kathryn Ma Wai Fong & Ors, sheds light on the rights of shareholders, the responsibilities of directors, and how Malaysian courts balance formal legal requirements with real-world family and business dynamics. In a significant recent decision, the Federal Court of Malaysia resolved a complex legal battle involving a prominent Sarawak-based family business over the validity of shares issued in several private companies. — istock pic The dispute: A family affair turns contentious The late Wong Tuong Kwong built a successful group of companies, including WTK Realty Sdn Bhd, Southwind Plantation Sdn Bhd, and Ocarina Development Sdn Bhd. When he passed away, control of the group fell to his three sons — Wong Kie Nai ('WKN'), Wong Kie Yik ('WKY'), and Wong Kie Chie ('WKC'). In the mid-2000s, WKN was allotted and issued millions of new shares in the 3 companies. His two brothers, WKY and WKC, did not object at the time. However, after WKN passed away in 2013, his widow and estate executor, Kathryn Ma, tried to have those shares officially registered under his estate. That's when the dispute began. WKY and WKC filed suits in the High Court to nullify the shares issued to WKN, claiming they were issued without the approval of shareholders, as required under section 132D (1) of the Companies Act 1965 ('CA 1965'). They claim the issuance of the shares breached company law and internal company rules being the Articles of Association ('Articles'). Kathryn, in response, opposed the nullification suits and reciprocated by filing her own suits asking the court to validate the shares under section 63 and/or 355 of the CA 1965 despite any procedural issues. High Court — Strict compliance of the law required The High Court sided with WKY and WKC, ruling that because proper shareholder approval had not been obtained in advance, the shares were invalid. The High Court found that meetings approving the share issuance had either not happened or lacked proper documentation. Kathryn's argument — that the family had known about and accepted the shares over many years — was rejected. Her applications to validate the shares were also dismissed. The High Court reasoned that allowing the shares to stand would unfairly dilute the ownership of the other siblings and went against the legal requirement for prior approval under the CA 1965. Court of Appeal — Informal agreements may count Kathryn appealed. The Court of Appeal reversed the decision of the High Court. It found that even though the proper procedures weren't followed, the family had known about the issued shares for years and signed documents that referred to the new shareholdings. According to the Court of Appeal, this amounted to 'informal assent' — in other words, the brothers had accepted the share issuance through their conduct, even if there was no formal meeting or written approval. The delay by WKC and WKY in seeking reliefs through the nullification suits, which were commenced almost six to seven years after the shares were issued to WKN connotes knowledge and acquiescence on their part. The court relied on the Duomatic principle, a concept from English law, which says that if all shareholders agree — even informally — their decision can be as good as a formal resolution. This is particularly applicable to family run companies as it is a distinctive hallmark of family-run companies where the affairs are frequently conducted informally and often without adhering to the formal requirements of statutes or the company's Articles. Federal Court — Formal rules matter, but so does fairness The dispute didn't end there. WKY and WKC took the matter to the Federal Court, the apex court in Malaysia. The primary question was: Can informal agreement by the shareholders override legal requirements under the CA 1965? Or must the courts follow the law strictly? In its judgment, the Federal Court took a middle path. While agreeing that the shares were not validly issued under the law, the Federal Court took a different view. It held that the Duomatic principle cannot override clear statutory requirements under the CA 1965, but the CA 1965 itself allows the court to cure procedural errors, if it is fair to do so. Importantly, the Federal Court held that this validation should be done under sections 63 and 355 of the CA 1965, which give judges the power to cure certain legal mistakes as long as it won't cause serious injustice. In this case, the Federal Court amongst others found that: WKN had paid for the shares and the companies kept the money. His brothers knew about the shares for years, signed off on company accounts, and used the shares to get bank loans. The delay in objecting (6-7 years) showed they had accepted the situation. No one offered to return the money paid by WKN to his estate. Based on these factors, the court ruled that it would be unfair to nullify the shares. The share issuances were therefore validated. What does this mean for you? This case has broad lessons for Malaysian shareholders, business owners, and families who run companies together: 1. Follow statutory requirements — Share issuances and key decisions should always be properly approved in writing. Informality can lead to legal disputes later on. 2. Your conduct matters — If you know about something and benefit from it for years without objection, the court may treat that as acceptance. 3. The Courts can intervene — Even when procedures aren't followed strictly, the courts have the power to cure the problem, if it's fair and no one is unfairly prejudiced. 4. Time is of the essence — Delaying your objections can weaken your case. Courts may view long silence as acceptance. Final thoughts This decision reflects the maturity and flexibility of Malaysian company law, which tries to balance formal legal requirements with commercial reality and fairness. For family-run businesses, it's a timely reminder that mixing business and personal relationships without clear documentary records can lead to bitter legal fights. If you're a shareholder, director, or company owner, this case is a lesson: Document your decisions, know your rights, and act early when something seems wrong. P/S: Sections 63 and 355 of the CA 1965 have been repealed. Similar provisions are now found in sections 108 and 582 of the Companies Act 2016 respectively. * Justin Wee Kim Fang (Advocate & Solicitor), Partner of Messrs Justin Wee ** This article is for informational purposes only and does not constitute legal advice. If you're facing a similar situation, consult a qualified lawyer. *** This is the personal opinion of the writer or publication and does not necessarily represent the views of Malay Mail.
Free Malaysia Today
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Free Malaysia Today
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Cambodian PM says 19% US trade tariff ‘the best news'
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