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New chairman instructs SingPost to withdraw legal letter to SIAS

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Published Thu, Jun 30, 2016 · 09:50 PM

    Singapore

    IMPROVING controls at Singapore Post is not the only change its new chairman, Simon Israel, has introduced since taking the reins there - on Thursday, he also wiped the slate clean with investor lobby group Securities Investors' Association (Singapore), a key critic of the previous board's lapses.

    Mr Israel has instructed SingPost to withdraw a lawyer's letter that it had sent in early February this year to the association, also known as SIAS, TheBusiness Times understands.

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