NGSC files police report over suspected S$1.1m unauthorised payments by 2 ex-directors
Sharanya Pillai
Singapore
MAINBOARD-LISTED NGSC has filed a police report over suspected unauthorised payments of about S$1.1 million made by two former directors, the satellite services provider announced in a bourse filing on Monday.
NGSC did not specify the names of the directors involved, but said that it has provided the Commercial Affairs Department of the Singapore Police Force relevant documents to assist in its investigations.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
EU and Asean at 50: time for bold action