Company Briefs

Probe on Yongnam's two top execs closed

YONGNAM Holdings has announced that the Commercial Affairs Department (CAD) has closed its probe on two of its top executives for a possible breach of securities law linked to insider trading.

Yongnam's chief executive officer Seow Soon Yong and its finance and executive director Chia Sin Cheng have received a copy of the letters sent by the CAD to their banks announcing…