The Business Times
business-time-50
SUBSCRIBERS

Allied Tech CEO, CFO to assist in CAD probe

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jan 23, 2020 · 09:50 PM

Singapore

ALLIED Technologies' chief executive officer Clement Leow Wee Kia and chief financial officer Ong Lizhen will be "providing assistance" to the Commercial Affairs Department (CAD) on an investigation, the company said on Wednesday night.

The Catalist-listed precision engineering firm had made headlines in May last year when news broke that S$33 million of its funds parked with JLC Advisors had gone missing, while JLC managing partner Jeffrey Ong's whereabouts were unknown.

TRENDING NOW

CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager.

CICT’s S$3.9 billion Paragon buy draws scrutiny over timing, funding at EGM

Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

Across the broader market, gainers trail losers 260 to 337, after 1.5 billion securities worth S$2.6 billion change hands.

Singapore shares end lower after Middle East conflict intensifies; STI down 1.3%

Shopee owner Sea Ltd.'s stock has taken a beating since September, when it was valued at roughly US$116 billion.

Shopee cuts hundreds of developer jobs globally during pivot to AI

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More