Epicentre's acting CEO uncontactable; company facing demands from creditors
Add BT as a preferred source
Janice Heng
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EPICENTRE Holdings executive chairman and acting chief executive officer Kenneth Lim Tiong Hian has been uncontactable since May 24, the Catalist-listed former Apple reseller said on Thursday, after requesting a trading suspension that morning.
Epicentre said it will not be proceeding with a proposed placement of up to about 79.7 million new ordinary shares in its capital, saying that Mr Lim, "who has been key and instrumental to the proposed placement", has been uncontactable. It does not have any monies held in escrow.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Aiming at China, Malaysia puts new restrictions on electric cars
Singapore tightens monetary policy for first time since 2022, raises inflation forecasts amid Iran war oil shock
