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Probe on former Midas directors, officers to continue despite winding up moves

Published Mon, Apr 1, 2019 · 09:50 PM

Singapore

PENDING moves to wind up troubled aluminium train components supplier Midas Holdings will not stop the investigations of possible wrongdoings at the company, the authorities said in a statement on Monday.

The current investigation by the Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) is against its former directors and officers.