PwC review of SBI Offshore's deals casts spotlight on 2 ex-CEOs
Company calls for trading halt pending an announcement following BT report on board tussle
Singapore
THE findings of a review into the past transactions by SBI Offshore (SBIO) involving an associate company could well shake things up at the beleaguered offshore-and-marine firm.
The company called a trading halt on Friday, pending an announcement, following a report by The Business Times on a tussle between the company's founder and its chief executive over a yet-to-be-released report by Pricewaterhouse Coopers (PwC).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
ByteDance prefers TikTok shutdown in US if legal options fail: sources
CapitaLand Investment posts total revenue of S$650 million for Q1
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger