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Delayed placement: Asiatravel says it's keeping options open

Published Tue, Sep 6, 2016 · 09:50 PM

Singapore

IN A clarification issued late on Tuesday evening, Asiatravel.com Holdings explained the chain of events that led to the long delay in a proposed S$100 million share placement.

The online travel company was responding to media reports about the delay and a call by the Securities Investors Association of Singapore (SIAS) for the Securities Industry Council (SIC) to look into the matter.

A commentary in The Business Times on Saturday has drawn att…

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