Probe on former Midas directors, officers to continue despite winding up moves
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands