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Allied Tech adjourns EGM till special audit completed

JLC appoints Advocatus Law to help deal with Allied's letter of demand over S$33 million missing from escrow account

Tay Peck Gek

Tay Peck Gek

Published Tue, May 28, 2019 · 09:50 PM

Singapore

ALLIED Technologies, which recently made headlines over its missing S$33 million escrow fund, will not be holding its extraordinary general meeting (EGM) on June 4 as scheduled.

Instead, the meeting will be convened only after the upcoming special audit has been completed, the Catalist-listed precision engineering company said on Tuesday in a regulatory filing.

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