Watch-list firm China Taisan in SGX's crosshairs

CHINA Taisan Technology Group Holdings' litany of sharp queries from the Singapore Exchange (SGX) since December last year has cranked up considerably in recent weeks, signalling that it is being closely scrutinised by the frontline regulator.

The queries follow a slew of boardroom changes - both new appointments as well as resignations - announced in late August at the firm including, most notably, the redesignation of its non-executive chairman and major shareholder Choi Cheung Kong as executive director.

The SGX had asked the fabric maker to clarify how the board was introduced to the new directors, who nominated them and if they were associated with any shareholder or potential shareholder.