CAD orders Midas to hand over documents, staff details
Singapore
BELEAGUERED railway-parts maker Midas Holdings - which is under investigation by Singapore authorities - on Tuesday said the Commercial Affairs Department (CAD) has ordered the company to hand over financial documents, and a list of certain staff.
The documents include financial documents for the relevant companies in the group, as well as a detailed list of all persons who acted as the legal representative, general manager or financial controller of the relevant subsidiaries as well …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Prada’s sales up 16% in first quarter as Miu Miu shines
Boeing reports first revenue drop in 7 quarters as deliveries decline
OUE Reit Q1 NPI rises 6.9% to S$60.5 million
OKP unit gets S$92.9 million LTA contract