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Published Tue, May 20, 2014 · 10:00 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

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 that their fixed deposits held as security for bail can be released.

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