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MAS issues directive to Pine Capital unit to suspend fund-raising, subscription activities

ACPAM said to have written to MAS on several occasions to update it on its May 10 EGM and the legal proceedings it is involved in

Singapore

CATALIST-listed asset management group Pine Capital on Tuesday provided a series of updates on matters relating to its unit Advance Capital Partners Asset Management Private Limited (ACPAM), which has been reprimanded by the Monetary Authority of Singapore (MAS) and embroiled in...

sentifi.com

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