New chairman instructs SingPost to withdraw legal letter to SIAS
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Singapore
IMPROVING controls at Singapore Post is not the only change its new chairman, Simon Israel, has introduced since taking the reins there - on Thursday, he also wiped the slate clean with investor lobby group Securities Investors' Association (Singapore), a key critic of the previous board's lapses.
Mr Israel has instructed SingPost to withdraw a lawyer's letter that it had sent in early February this year to the association, also known as SIAS, TheBusiness Times understands.
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