3 former Camsing Healthcare IDs explain why they resigned
Add BT as a preferred sourceSingapore
THE three former independent directors of Camsing Healthcare on Friday night explained to the Singapore Exchange RegCo why they resigned when the company's audit matters had yet to be resolved.
In a 12-page filing, Lau Chin Hock Kenneth Raphael, Ong Wei Jin and Maurice Tan Huck Liang detailed, among other things, the company management's tardy approach relating to the discovery made by the auditors that certain China customers were unable to sell goods previously purchased from the company's subsidiary Nature's Farm and that they had entered into an agreement to consign the goods back to Nature's Farm.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers
Singapore Instagram seller must pay Louis Vuitton S$510,000 in damages over counterfeit goods case
Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts
