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SingPost reprimanded for listing rule breach in 2014 acquisition disclosure

Factual inaccuracy on director's interest; disclosure omission not promptly corrected due to lack of internal controls

Singapore

THE Singapore Exchange (SGX) on Thursday issued a public reprimand to Singapore Post (SingPost) for breaching the exchange's listing rules in a July 18, 2014 announcement on the purchase of UK-based freight forwarder FS Mackenzie (FSM).

In its Regulatory Action

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