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Sunvic chided for breaking rules on interested-person deals

SGX reprimand cites absence of immediate disclosures, shareholder approval in 1.6b yuan of transactions over 3 years


THE Singapore Exchange (SGX) has reprimanded Sunvic Chemical Holdings for breaching listing rules related to 1.6 billion yuan (S$354 million) of interested-person transactions (IPTs) over the three latest financial years.

SGX said that Sunvic, a maker of intermediate