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Sunvic appoints EY Advisory to probe guarantees for 222.5m yuan loans
Published Mon, Apr 15, 2019 · 09:50 PM
Singapore
SUNVIC Chemical Holdings has appointed Ernst & Young Advisory as its external auditor to investigate corporate guarantees provided for loans amounting to some 222.5 million yuan (S$44.3 million).
EY Advisory, engaged on April 2, will be part of a special investigative committee - which also comprises legal advisers - announced by the company in February.
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