Authorities end 4-year probe on Pacific Andes, China Fishery
Add BT as a preferred source
Singapore
THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) have concluded a four-year investigation into beleaguered Pacific Andes Resources Development (PARD) and its subsidiary, China Fishery Group.
Both mainboard-listed firms said on Friday that there will not be any further action taken with respect to them and Pacific Andes International Holdings Limited (PAIHL), the holding company of Hong Kong-listed Pacific Andes International Holdings.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
